Kamdhenu Ventures Share: Foreign Institutional Investors (FII) have bought shares of Kamdhenu Ventures Limited, a company in the Indian decorative paint segment. According to bulk deal data available on NSE, Mauritius-based Al Maha Investment Fund and Unico Global Opportunities Fund Limited have bought shares of the company. Last Friday, the company's shares rose by 0.67 percent and the stock closed at Rs 51.34 on NSE. The company's market cap is Rs 1,613 crore.
How many shares did FII buy?
According to NSE, this purchase was made by FII at an average price of Rs 51 per share on September 12. Under this, Al Maha Investment Fund bought 30 lakh shares of the company and Unico Global Opportunities Fund bought 20 lakh shares.
Kamdhenu Ventures to launch new wood coatings range
Recently, Kamdhenu Color & Coatings Limited, a wholly owned subsidiary of Kamdhenu Ventures, has announced the launch of a new wood coatings range. The new wood coatings range is scheduled to be launched in October 2024. It has been designed to meet the highest international quality standards.
Meeting the growing demand for its products, the company will provide premium products to its customers with this launch. Kamdhenu Paints has increased its production capacity from 36000 kilolitres per annum to 49000 kilolitres per annum.
41% return in one month
In the last one month, the company's shares have seen a spectacular rise of 41 percent. In the last 6 months, the stock has given a return of 45 percent. So far this year, the stock has risen by about 50 percent. In the last one year, it has given a return of 53 percent.
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