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Wednesday, 4 January 2017

Pratibha Industries Ltd is currently trading at Rs 14.46, up by Rs 1.27 or 9.63% from its previous closing of Rs 13.19 on the BSE after the company's board will meet today to consider issuing shares on a preferential basis to lenders. The issue of shares to lenders is being done under the strategic debt restructuring scheme, the company had said in a filing to the bourses on December 28.

The scrip opened at Rs 13.6 and has touched a high and low of Rs 14.78 and Rs 13.51 respectively. So far 2739612 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 133.28 crore. The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 48.95 on 06-Jan-2016 and a 52 week low of Rs 9.85 on 24-Nov-2016. Last one week high and low of the scrip stood at Rs 13.55 and Rs 11.56 respectively.

The promoters holding in the company stood at 44.82 % while Institutions and Non-Institutions held 9.2 % and 45.99 % respectively. The stock is currently trading above its 200 DMA.
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