SJ Corporation zooms on forming new partnership ‘Venus Infra’

SJ Corporation is currently trading at Rs. 40.25, up by 1.90 points or 4.95% from its previous closing of Rs. 38.35 on the BSE.

SJ Corporation
SJ Corporation

The scrip opened at Rs. 40.00 and has touched a high and low of Rs. 40.25 and Rs. 40.00 respectively. So far 300 shares were traded on the counter.

The BSE group ‘XT’ stock of face value Rs. 1 has touched a 52 week high of Rs. 40.25 on 14-Nov-2022 and a 52 week low of Rs. 26.00 on 17-May-2022.

Last one week high and low of the scrip stood at Rs. 40.25 and Rs. 38.35 respectively. The current market cap of the company is Rs. 33.63 crore.

The promoters holding in the company stood at 70.86%, while Non-Institutions held 29.14% stake in the company.

SJ Corporation has entered into a Partnership Agreement and formed a new partnership ‘Venus Infra’ based out of Surat with initial capital of Rs 50,000 to, interalia, carry on the business of land development, construction of building and all ancillary and allied business in this regard. Venus Infra will commence its business operations in due course.

SJ Corporation manufactures jewelry products.

The company produces and markets diamond studded rings, bracelets, pendant, diamond necklaces, and ear rings. SJ exports its products to vendors in Hong Kong and the United States.

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