/ KDDL Climbs 5% After Allotting Warrants To Promoter Group Entity ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 22 December 2016


KDDL Ltd is currently trading at Rs 212.6, up by Rs 10.55 or 5.22% from its previous closing of Rs 202.05 on the BSE. KDDL has allotted 2,64,150 zero coupon convertible warrants at premium of Rs 255 per share to Swades Capital LLC, a promoter group entity.

The scrip opened at Rs 225 and has touched a high and low of Rs 235 and Rs 211.7 respectively. So far 137705 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 203.76 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 365 on 29-Dec-2015 and a 52 week low of Rs 162 on 20-May-2016. Last one week high and low of the scrip stood at Rs 218.7 and Rs 198 respectively.

The promoters holding in the company stood at 48.2 % while Institutions and Non-Institutions held 15.29 % and 36.5 % respectively. The stock is currently trading below its 100 DMA.

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