India, Feb. 18 -- This Small-cap Consumer Durable stock, engaged in manufacturing and selling decorative laminates, specialty surfaces, compact laminates, PU lacquer-coated boards, and solid acrylic sheets for furniture, interiors, and construction, is in focus after the promoter offloads a 27.12 percent stake to a Japanese Firm Aica Kogyo.
With a market capitalization of Rs. 3,783.48 crores, the share of Stylam Industries Limited has reached an intraday high of Rs. 2,242.95 per equity share, rising nearly 0.95 percent from its previous day's close price of Rs. 2,221.80. Since then, the stock has retreated and is currently trading at Rs. 2,232.40 per equity share.
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Aica Kogyo Company had proposed to acquire a controlling stake in S...
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