Cairn Energy reportedly said it will seek from India over $600 mn in damages for loss it suffered in value of its holding from a Rs 10,247-crore tax demand raised on its eight-year-old internal business recognition.
Cairn India Ltd is currently trading at Rs. 109.25, down by Rs. 5.3 or 4.63% from its previous closing of Rs. 114.55 on the BSE.
The scrip opened at Rs. 111.8 and has touched a high and low of Rs. 111.8 and Rs. 107.8 respectively. So far 2868125(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 21476.55 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 262.5 on 16-Feb-2015 and a 52 week low of Rs. 106.6 on 19-Jan-2016. Last one week high and low of the scrip stood at Rs. 128.5 and Rs. 106.6 respectively.
The promoters holding in the company stood at 59.88 % while Institutions and Non-Institutions held 26.15 % and 13.97 % respectively.
The stock is currently trading above its 200 DMA.
No comments:
Post a Comment