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Wednesday, December 28, 2016

Bhageria gains on concluding financial tie up


Bhageria-share-priceBhageria Industries has concluded the financial tie up of a loan of Rs. 95 crore from Export Import Bank of India (EXIM Bank) on the terms and conditions according to their sanction letter dated 06 December 2016 and consented by the Board of Directors at its meeting held at company's Registered office on 20 December 2016, for company's 30 MW Solar Power Project being setup at Ahmednagar in Maharashtra and the Loan/Facilities documentation are being performed with the lender for this purpose.
Bhageria share price closed at Rs. 342.15, up by 2 per cent. In all, 1.3 lakh shares had changed hands at the NSE counter as compared to the twenty day average trading of sixty four thousand shares. The stock opened at Rs. 339, against uts previous close of Rs. 336.70. Bhageria share price went as high as Rs. 353.50 and as low as Rs.  332.05.
The face value Rs. 5 share has the book value of Rs. 48.67, the company has no promoters holding pledged and the market cap of Rs. 531.26 crores as on 28th December 2016. At CMP, the stock is trading below its 50 DMA with the beta of 0.90. For the details on the stock, visit Bhageria share price history page of Dynamic Levels website.

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