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BSE SME in kissing range of Rs 7,600 crore market cap

Updated: Aug 04, 2014 04:18:49pm
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Mumbai, Aug 4 (KNN)  Small companies listed on the BSE SME platform today reached market capitalization of Rs 7,593 crore, up by 2.29 per cent, with 22 firms actively traded.

There were more gainers than losers.  Among the 15 gainers were VKJ Infra (19.99 per cent), Channel Nine (9.99 per cent), Comfort Commotrade (9.60 per cent) and Newever (9.09 per cent).  Losers were just seven in number to include Amrapali Cap (-9.79 per cent), Unishire (-4.80 per cent), Looks Health (-1.45 per cent) and Tiger Logs (-1.14 per cent).

As many as eight companies have submitted their documents with the market regulator SEBI for raising the capital on the BSE SME and getting listed there. These include JLA Infraville Shoppers Limited, Naysaa Securities Limited, Powerhouse Fitness and Reality Limited, Western Agro-Tech Innovative Limited, Encash Entertainment Limit.

BSE SME Platform offers entrepreneurs an investor friendly environment, which enables the listing of SMEs from the unorganized sector scattered throughout India, into a regulated and organized sector. (KNN/ES)

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