Back-to-back upper circuit: Shares of this microcap rubber manufacturer surge on name change!
The share price of this company has given over 50 per cent return in just 6 trading sessions.
Today, shares of S.E. Power are locked in the upper circuit at Rs 21.45 after the company announced that it is changing its name from “S. E. Power Limited” to “Sampann Utpadan India Limited”. The share price of this company has given over 50 per cent return in just 6 trading sessions.
The share opened at Rs 20.49 and surged 10 per cent to Rs 21.45 from the previous closing of Rs 19.50. The share has a high and low of Rs 22.15 and Rs 20.15 respectively. So far, 26,317 shares have been traded on the counter.
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The BSE group ‘B’ stock of face value of Rs 10 has touched a 52-week high of Rs 25.50 and a 52-week low of Rs 11.32. The current market cap of the company is Rs 87.11 crore.
S.E. Power Limited was formed with the objective of engaging in the business of producing, manufacturing, generating, supplying, distributing, transforming, converting, transmitting, processing, developing, storing, and procuring all forms of power and energy, and any such products and by-products derived from such business.