The Board of Directors of the Company at its meeting held on December 21, 2015 has considered and approved the Scheme of amalgamation of Jasmine Hospitality Private Limited, 100% Wholly Owned Subsidiary. This merger is being planned in order to synergize the operational and business efficiencies of this Company.
The Board of Directors of the Company at its meeting held on December 21, 2015 has considered and approved the Scheme of amalgamation of Jasmine Hospitality Private Limited, 100% Wholly Owned Subsidiary. This merger is being planned in order to synergize the operational and business efficiencies of this Company.
The scrip opened at Rs. 139 and has touched a high and low of Rs. 140 and Rs. 138 respectively. So far 41705(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1039.56 crore.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 240 on 06-Apr-2015 and a 52 week low of Rs. 135.2 on 21-Dec-2015. Last one week high and low of the scrip stood at Rs. 141.3 and Rs. 135.2 respectively.
The promoters holding in the company stood at 74.54 % while Institutions and Non-Institutions held 12.15 % and 13.32 % respectively.
The stock is currently trading above its 200 DMA.
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