Friday 1 April 2016

Geometric board to discuss strategic & restructuring options

Geometric Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 01, 2016

Geometric Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 01, 2016 after 5 p.m. to discuss various strategic and restructuring options.

GeometricThe scrip opened at Rs. 207 and has touched a high and low of Rs. 208.5 and Rs. 196.75 respectively. So far 155432(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1331.82 crore.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 206 on 31-Mar-2016 and a 52 week low of Rs. 101.5 on 16-Jun-2015. Last one week high and low of the scrip stood at Rs. 206 and Rs. 185.5 respectively.

The promoters holding in the company stood at 37.81 % while Institutions and Non-Institutions held 6.4 % and 55.79 % respectively.

The stock is currently trading above its 100 DMA.

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