Stock Report

Technocraft Industries India Ltd forms JV



Posted On : 2019-06-07 13:56:16( TIMEZONE : IST )

Technocraft Industries India Ltd forms JV

Technocraft Industries (India) Limited has incorporated an LLP as a Joint Venture for training of highly educated / skilled people from India to overseas corporates.

Name of the Joint Venture: Benten Technologies LLP

Date of Incorporation: June 6, 2019.

Capital contribution and Profit/Loss sharing ratio shall be in the ratio of 50:50. Total initial capital contribution is Rs. 1 Lakh of which Technocraft Industries (India) Ltd. shall contribute 50% i.e.Rs. 50,000/- and other partner shall contribute Rs. 50,000/-.

Shares of TECHNOCRAFT INDUSTRIES (INDIA) LTD. was last trading in BSE at Rs.444 as compared to the previous close of Rs. 444.8. The total number of shares traded during the day was 1156 in over 109 trades.

The stock hit an intraday high of Rs. 452.4 and intraday low of 433. The net turnover during the day was Rs. 513432.

Source : Equity Bulls

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