Ramky Infrastructure gains on acquiring stake in Ramky Elsamex Hyderabad Ring Road

Ramky Infrastructure is currently trading at Rs. 39.25, up by 0.05 points or 0.13% from its previous closing of Rs. 39.20 on the BSE.

The scrip opened at Rs. 40.10 and has touched a high and low of Rs. 40.75 and Rs. 38.95 respectively. So far 1049 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 166.80 on 20-Dec-2018 and a 52 week low of Rs. 36.20 on 15-Oct-2019.

Last one week high and low of the scrip stood at Rs. 41.35 and Rs. 37.45 respectively. The current market cap of the company is Rs. 275.06 crore.

The promoters holding in the company stood at 69.83%, while Institutions and Non-Institutions held 1.21% and 28.97% respectively.

Ramky Infrastructure has made acquisition of 52 lakh equity shares of Rs 10 each of Ramky Elsamex Hyderabad Ring Road, thereby making the Subsidiary company as a Wholly-owned subsidiary company.

Ramky Infrastructure is the flagship company of the Ramky Group, one of the leading civil and infrastructure engineering companies in India.

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