V-Guard acquires 49.43% stake in GUTS Electro-Mech
Shital Jibhe / 22 Aug 2017
V-Guard Industries, which manufactures electronic products, has acquired 6,72,047 equity shares of Rs 10 each of GUTS Electro-Mech, constituting 49.43% of the present paid-up capital.
Through a Share Purchase Agreement dated August 21, V-Guard Industries, which manufactures electronic products, has acquired 6,72,047 equity shares of Rs 10 each of GUTS Electro-Mech, constituting 49.43% of the present paid-up capital.
The company’s stock was trading at Rs 178.45 per share, up by Rs 0.35 or 20% as at 0955 hours on Tuesday, on the BSE. It attracted a traded volume of 1,38,040 shares and traded value of Rs 248.68 lakh on the NSE. The company had hit its 52-week high of Rs 220.85 on May 16, 2017, and 52-week low of Rs 108.64 on December 28, 2016.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.