/ Pudumjee Pulp & Paper Mills To Acquire G Corp Township's Equity Shares Stocks Up 4.3% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 2 January 2017

Pudumjee Pulp & Paper Mills Ltd has informed BSE that share purchase agreement / shareholders agreement has been made for acquiring equity shares of G Corp Township Private Limited. Pudumjee Pulp & Paper Mills Ltd is currently trading at Rs 21.45, up by Rs 0.9 or 4.38% from its previous closing of Rs 20.55 on the BSE.

The scrip opened at Rs 20.3 and has touched a high and low of Rs 22.45 and Rs 20.3 respectively. So far 58031(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 84.26 crore.

The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 56.25 on 11-Jan-2016 and a 52 week low of Rs 14 on 13-Jun-2016. Last one week high and low of the scrip stood at Rs 20.8 and Rs 19.6 respectively.

The promoters holding in the company stood at 61.51 % while Institutions and Non-Institutions held 0.01 % and 38.48 % respectively. The stock is currently trading above its 50 DMA.

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