NPR Finance touches roof on entering into agreement to sell wind turbine at Sangli

NPR Finance is locked its upper circuit limit at Rs. 14.80, up by 0.70 points or 4.96% from its previous closing of Rs. 14.10 on the BSE.

The scrip opened at Rs. 14.79 and has touched a high and low of Rs. 14.80 and Rs. 14.79 respectively. So far 112 shares were traded on the counter.

NPR Finance
NPR Finance

The BSE group ‘X’ stock of face value Rs. 10 has touched a 52 week high of Rs. 18.00 on 21-Jan-2022 and a 52 week low of Rs. 11.50 on 29-Nov-2021.

Last one week high and low of the scrip stood at Rs. 14.10 and Rs. 12.21 respectively. The current market cap of the company is Rs. 8.86 crore.

The promoters holding in the company stood at 67.87% and Non-Institutions held 32.13%.

NPR Finance has entered into an agreement for sale of its Wind Turbine, which is located at Sangli. Consideration received from such sale / disposal is Rs 1.40 crore plus applicable taxes.

The expected date of completion of sale is within 180 days from the date of entering into the sale agreement or such further period as may be mutually agreed between both the parties.

Earlier, the company had entered into an agreement with Hindustan Unilever for sale of one its wind turbines generator plant located at Dhule in Maharashtra.

NPR Finance is engaged in the business of lease, hire purchase of commercial vehicles, cars, earth moving equipments & bills discounting & recently commenced real estate development.

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