Siti Cable hits a new high

By Research Desk
about 8 years ago

Siti Cable Network hit a new high today at Rs.41.70, up over 13% and volumes jumped up by over 7 times.

The RBI issued a notification stating that FIIs could increase the investment limit in the company upto 49% of the paid-up capital of the company under the portfolio investment scheme. RBI has said that purchases could be made through primary market and stock exchanges.

The shareholding pattern as at 30th Sept 2015 indicates that promoter holding is at 66%, FIIs hold 13.88% and DIIs hold 7.61%.

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