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Future Enterprises trades jubilantly on the BSE

  • Mar-14-2018
  • 14 Hrs IST

Future Enterprises is currently trading at Rs. 41.20, up by 1.00 points or 2.49% from its previous closing of Rs. 40.20 on the BSE.

The scrip opened at Rs. 40.00 and has touched a high and low of Rs. 42.90 and Rs. 39.05 respectively. So far 276448 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 62.05 on 08-Sep-2017 and a 52 week low of Rs. 26.05 on 14-Mar-2017.

Last one week high and low of the scrip stood at Rs. 42.90 and Rs. 33.60 respectively. The current market cap of the company is Rs. 1877.28 crore.

The promoters holding in the company stood at 45.21%, while Institutions and Non-Institutions held 4.71% and 50.08% respectively.

Future Enterprises has raised Rs 50 crore on private placement basis. The Committee of Directors of the company at their meeting held on March 12, 2018, has considered, approved & allotted 60, 9.40% Secured Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each (NCD Series XX - A), 190, 9.50% Secured Redeemable NCDs of Rs 10 lakh each (NCD Series XX - B) and 250, 9.50% Secured Redeemable NCDs Rs 10 lakh each (NCD Series XX - C) aggregating to Rs 50 crore, on private placement basis. The said NCDs shall be listed on Wholesale Debt Market Segment of BSE.

Future Enterprises is leading retailer that operates multiple retail formats in both value and lifestyle segment of Indian consumer market.