Symphony now proudly enters in to the league of 'Large Cap' category stocks. The Ahmedabad based company has made tremendous turnaround in a decade's time and crossed Rs 50 billion market capitalisation to become one of the most respected companies in India.
Market capitalisation of Symphony has crossed Rs 50 billion on Friday from Rs 28 million a decade ago. Promoter holding in the company stands at 75% while institutions hold 6.47% in the company (Mutual funds, DII, etc. at 2.66% and FIIs at 3.81%) and retail investors hold 10.39% in the company.
Shares of the company declined Rs 13.05, or 0.89%, to settle at Rs 1,456.30. The total volume of shares traded was 2,176 at the BSE (Friday).