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Jumbo Bag trades in green on the BSE

  • Apr-16-2018
  • 15 Hrs IST

Jumbo Bag is currently trading at Rs. 14.50, up by 0.10 points or 0.69% from its previous closing of Rs. 14.40 on the BSE.

The scrip opened at Rs. 14.00 and has touched a high and low of Rs. 14.50 and Rs. 14.00 respectively. So far 348 shares were traded on the counter.

The BSE group 'Z' stock of face value Rs. 10 has touched a 52 week high of Rs. 23.15 on 08-Jan-2018 and a 52 week low of Rs. 12.54 on 19-Oct-2017.

Last one week high and low of the scrip stood at Rs. 14.50 and Rs. 13.80 respectively. The current market cap of the company is Rs. 11.72 crore.

The promoters holding in the company stood at 43.49%, while Institutions and Non-Institutions held 0.19% and 56.32% respectively.

Jumbo Bag has entered into an agreement with Scent Trans for acquisition of 1600 shares at the face value of Rs 10 aggregating to 16% of the share capital of Scent Trans. The acquisition is made for the purpose of power purchase from Scent Trans. The indicative time period for completion of the acquisition is 15 days.

Jumbo Bag is a world-class solutions provider in packaging its portfolio comprises of different designs of FIBCs (Circular, U-panel, Baffles) Hygiene bags, Multi trip bags, tabular & form-ft liner bags.