29-11-2023 12:57 PM | Source: Accord Fintech
Surana Solar inches up on incorporating wholly owned subsidiary

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Surana Solar is currently trading at Rs. 28.94, up by 0.02 points or 0.07% from its previous closing of Rs. 28.92 on the BSE.

The scrip opened at Rs. 29.00 and has touched a high and low of Rs. 29.05 and Rs. 28.82 respectively. So far 6236 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 31.85 on 20-Nov-2023 and a 52 week low of Rs. 14.74 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 30.25 and Rs. 27.37 respectively. The current market cap of the company is Rs. 142.01 crore.

The promoters holding in the company stood at 64.54%, while Institutions and Non-Institutions held 0.04% and 35.43% respectively.

Surana Solar has incorporated wholly owned subsidiary namely ‘Surana Technologies’ on November 28, 2023. The company has incorporated wholly owned subsidiary to carry on the business and trading of electronics and fiber related products in connection with defence and aerospace.

Surana Solar is in the business of energy production and also in business segment of Power (wind) and Power (Solar).