Tuesday 10 June 2014

Prism Cement gains as HDFC MF buys 1.21 crore shares of the company

Prism Cement is currently trading at Rs. 76.70, up by 0.40 points or 0.52% from its previous closing of Rs. 76.30 on the BSE.
The scrip opened at Rs. 77.35 and has touched a high and low of Rs. 78.00 and Rs. 72.75 respectively. So far 367076 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.40 on 09-Jun-2014 and a 52 week low of Rs. 22.80 on 17-Feb-2014.
Last one week high and low of the scrip stood at Rs. 79.40 and Rs. 60.50 respectively. The current market cap of the company is Rs. 3858.23 crore.
The promoters holding in the company stood at 74.87% while Institutions and Non-Institutions held 6.48% and 18.65% respectively.
HDFC Mutual Fund has bought 1,21,07,022 equity shares of Prism Cement. The MF has acquired the same at Rs 71.50 on the BSE. Recently, Prism Trust sold its entire holding of 1,23,51,600 equity shares held in Prism Cement. The Trust realized around Rs 88 crore, at an average price of about Rs 71.50 per share.
As on March 31, 2014, the promoters holding in the company stood at 74.87%, while Institutions and Non-Institutions held 6.48% and 18.65% stake in the company, respectively.
Prism Cement is one of India’s leading integrated building materials companies; with a wide range from cement, ready-mixed concrete, tiles, bath products to kitchens.

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