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Welspun Guj to acquire MSK Projects; stk up 5.5%

Published on Fri, Mar 19, 2010 at 09:18 |  Source : Moneycontrol.com

Updated at Fri, Mar 19, 2010 at 09:25  

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Welspun Guj to acquire MSK Projects; stk up 5.5%

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Welspun Project

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MSK Projects touched a 52 week high of Rs 135.40. At 09:13 hrs the share was quoting at Rs 135.05, up Rs 7, or 5.47%.

Welspun Gujarat board has okayed the acquisition of MSK Projects. Welspun Gujarat is going to buy 75% stake in MSK Projects at Rs 123 per share. MSK will issue 1.71 crore shares to Welspun at Rs 123 per share. MSK promoters will transfer 47.5 lakh shares to Welspun at Rs 130 per share, reports CNBC-TV18.
 
It was trading with volumes of 706,821 shares. Yesterday the share closed down 0.23% or Rs 0.30 at Rs 128.05.

Share Price Movement During The Last 12 Months
Period Price Latest Price Gain/Loss (Rs.) % Gain/Loss
3-Days 126.65 132.40 5.75 4.54
5-Days 122.45 132.40 9.95 8.13
7-Days 122.55 132.40 9.85 8.04
15-Days 120.80 132.40 11.60 9.60
1-Month 117.55 132.40 14.85 12.63
3-Month 96.60 132.40 35.80 37.06
6-Month 90.85 132.40 41.55 45.73
9-Month 85.55 132.40 46.85 54.76
1-Year 39.00 132.40 93.40 239.49

  

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