Star Delta Transformers Limited inks agreement for land purchase

Star Delta Transformers Limited has entered a land purchase agreement with M/s Bhopal engineering, a partnership firm having its office at 45, Industrial area , govindpura , Bhopal to purchase a land owned by them situated at Sector A, Industrial Estate, Govindpura, Bhopal comprising of area 10000sq ft, and has paid by cheque, token amount of Rs 25,00,000 (Rupees Twenty Five lakhs only) out of total consideration of Rs. 65,00,000 (Rupees Sixty Five lakhs only) for future business expansion and capacity addition. The sale deed will be executed soon.

Shares of Star Delta Transformers Ltd was last trading in BSE at Rs. 569.00 as compared to the previous close of Rs. 557.55. The total number of shares traded during the day was 9436 in over 338 trades.

The stock hit an intraday high of Rs. 576.95 and intraday low of 544.05. The net turnover during the day was Rs. 5334987.00.

Source : Equity Bulls

Keywords

StarDeltaTransformers INE541K01014 LandPurchase