Stock Report

CG-VAK Software and Exports Ltd to acquire land at Coimbatore

Posted On : 2021-10-22 14:09:59( TIMEZONE : IST )

The Board of Directors of CG-VAK Software and Exports Ltd at its meeting held today, the 21st October, 2021, have approved the purchase of land and building measuring 0.92.50 Acres at Coimbatore for a consideration of Rs. 15.80 crores. The Purchase is from an un-related party. The purchase will be funded to the extent of Rs 3 crores through Term Loan, and balance through internal accruals. This purchase is made with the present and future requirement of the Company in mind.

Shares of CG-VAK SOFTWARE & EXPORTS LTD. was last trading in BSE at Rs. 173.95 as compared to the previous close of Rs. 169.30. The total number of shares traded during the day was 12494 in over 102 trades.

The stock hit an intraday high of Rs. 175.00 and intraday low of 163.75. The net turnover during the day was Rs. 2113891.00.

Source : Equity Bulls