/ Swan Energy Buys 100% Stake In Triumph Offshore ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 6 July 2017


On Wednesday after market hours announced that Swan energy acquired 100% stake in Triumph Offshore Private Ldt which is equivalent to 10,000 equity shares of Rs 10 each, Rs 1lakh in Triumph Offshore invested by the company. After the deal Triumph Offshore is now become a 100% subsidiary company of Swan Energy Ldt.

On Thursday the share of the company is trading at Rs 136/share higher by Rs 1.70/share or 1.26%, has given 96% return in a period of one-year and has outperformed the BSE small cap..

The company is engaged in the manufacturing of textile products and also includes textiles and property development.

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