Mohit Industries transfers ownership of AAC blocks division; stock up
Mohit Industries transferred ownership of all its fixed assets comprising land, building, plant & machinery and related stores and spares of its AAC blocks division situated at Palghar, Maharashtra to Biltech Building Elements, subsidiary of Balla...
By ET Bureau | Updated:
MUMBAI: Mohit Industries transferred ownership of all its fixed assets comprising land, building, plant & machinery and related stores and spares of its AAC blocks division situated at Palghar, Maharashtra to Biltech Building Elements, subsidiary of Ballarpur Industries.
“This should boost company's EPS upto Rs 14 per share for the Quarter ended June 30, 2011,” the company said in a statement to the stock exchanges.
The stock was at Rs 35, up 4.79 per cent on the BSE. It touched a high of Rs 36.30 and low of Rs 34 in trade so far.
“This should boost company's EPS upto Rs 14 per share for the Quarter ended June 30, 2011,” the company said in a statement to the stock exchanges.
The stock was at Rs 35, up 4.79 per cent on the BSE. It touched a high of Rs 36.30 and low of Rs 34 in trade so far.
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