Thursday 3 March 2016

JHS Svendgaard Lab to consider conversion of fully convertible warrants into equity shares

A meeting of the Allotment Committee has been scheduled to be held on March 3, 2016 for consideration of conversion of Fully Convertible Warrants into Equity Shares to the respective allottees.


JHS Svendgaard Laboratories Ltd has informed BSE that a meeting of the Allotment Committee has been scheduled to be held on March 3, 2016 for consideration of conversion of Fully Convertible Warrants into Equity Shares to the respective allottees.

Stock View:

JHS Svendgaard Laboratories Ltd ended at Rs. 23.25, up by Rs. 1.1 or 4.97% from its previous closing of Rs. 22.15 on the BSE.

The scrip opened at Rs. 0 and touched a high and low of Rs. 0 and Rs. 0 respectively. A total of 3532(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 53.38 crore.

The BSE group 'T' stock of face value Rs. 10 touched a 52 week high of Rs. 31.95 on 18-Jan-2016 and a 52 week low of Rs. 6.86 on 30-Mar-2015. Last one week high and low of the scrip stood at Rs. 22.15 and Rs. 18.4 respectively.

The promoters holding in the company stood at 37.55 % while Institutions and Non-Institutions held 15.33 % and 47.12 % respectively.

The stock traded above its 50 DMA.

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