The wait for an open offer to buy a 26% stake in Pipavav Defence and Offshore Engineering Co. Ltd by Reliance Infrastructure Ltd (R-Infra) may have just got longer.
The wait for an open offer to buy a 26% stake in Pipavav Defence and Offshore Engineering Co. Ltd by Reliance Infrastructure Ltd (R-Infra) may have just got longer.
The scrip opened at Rs. 58.35 and has touched a high and low of Rs. 59 and Rs. 57.65 respectively. So far 442394 shares were traded on the counter. The current market cap of the company is Rs. 4295.79 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 85 on 19-Feb-2015 and a 52 week low of Rs. 34.5 on 02-Dec-2014. Last one week high and low of the scrip stood at Rs. 59.65 and Rs. 54.2 respectively.
The promoters holding in the company stood at 42.24 % while Institutions and Non-Institutions held 17.12 % and 40.64 % respectively.
The stock is currently trading above its 50 DMA.
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