JMT Auto Ltd has informed BSE that the Board of Directors of the Company shall be meeting on August 04, 2016, inter alia, to consider the Sub division of Equity Share of the Company having a face value of Rs.2/- each fully paid-up be sub-divided into 2 Equity Shares of the face value of Rs.1/- each fully paid-up, subject to the consent of Shareholders’ and concerned Authorities, if any and alteration of Memorandum & Article of Association of Company to reflect the same and in line with the provisions of Companies Act, 2013.
Stock price:
JMT Auto Ltd is currently trading at Rs. 54.05, up by Rs. 2.65 or 5.16% from its previous closing of Rs. 51.4 on the BSE.
The scrip opened at Rs. 52.9 and has touched a high and low of Rs. 55.9 and Rs. 52.2 respectively. So far 1822214(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1294.85 crore.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 146 on 10-Aug-2015 and a 52 week low of Rs. 35.7 on 24-Jun-2016. Last one week high and low of the scrip stood at Rs. 51.4 and Rs. 42.1 respectively.
The promoters holding in the company stood at 71.73 % while Institutions and Non-Institutions held 17.75 % and 10.52 % respectively.
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