Kohinoor Foods is currently trading at Rs 46.05, up by 7.65 points or 19.92% from its previous closing of Rs 38.40 on the BSE.
The scrip opened at Rs 42.05 and has touched a high and low of Rs 46.05 and Rs 42.00 respectively. So far 225032 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 46.05 on 15-July-2013 and a 52 week low of Rs 22.25 on 28-Mar-2013.
Last one week high and low of the scrip stood at Rs 46.05 and Rs 32.15 respectively. The current market cap of the company is Rs. 108.26 crore.
The promoters holding in the company stood at 53.35% while Institutions and Non-Institutions held 0.67% and 45.98% respectively.
Kohinoor Foods (KFL), largest basmati rice and ready-to- eat foodstuff producers, is planning to sell 20% stake at Rs 160 a share in its Dubai joint venture, Rich Rice Raisers Factory LLC (RRR), to Al Dahra, an Abu Dhabi-based agri-specific company.
RRR was established as a joint venture company in Dubai, by Sunny General Trading (SGT) (which holds 75% stake) and KFL (which has 25% stake). Moreover, post the acquisition, Al Dahra will have options to buy the remaining 5% stake in RRR from KFL.
Al Dahra specialises in agriculture and animal feed production. With global operations, farms and production facilities in the Americas, Europe, Asia and Africa, it is considered a premier supplier of high quality forage, fresh produce, dairy products and commodities to local and regional markets.
The scrip opened at Rs 42.05 and has touched a high and low of Rs 46.05 and Rs 42.00 respectively. So far 225032 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 46.05 on 15-July-2013 and a 52 week low of Rs 22.25 on 28-Mar-2013.
Last one week high and low of the scrip stood at Rs 46.05 and Rs 32.15 respectively. The current market cap of the company is Rs. 108.26 crore.
The promoters holding in the company stood at 53.35% while Institutions and Non-Institutions held 0.67% and 45.98% respectively.
Kohinoor Foods (KFL), largest basmati rice and ready-to- eat foodstuff producers, is planning to sell 20% stake at Rs 160 a share in its Dubai joint venture, Rich Rice Raisers Factory LLC (RRR), to Al Dahra, an Abu Dhabi-based agri-specific company.
RRR was established as a joint venture company in Dubai, by Sunny General Trading (SGT) (which holds 75% stake) and KFL (which has 25% stake). Moreover, post the acquisition, Al Dahra will have options to buy the remaining 5% stake in RRR from KFL.
Al Dahra specialises in agriculture and animal feed production. With global operations, farms and production facilities in the Americas, Europe, Asia and Africa, it is considered a premier supplier of high quality forage, fresh produce, dairy products and commodities to local and regional markets.
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