Future Consumer Ltd: Trading in the shares of FMCG company Future Consumer Limited has been stopped. Shares of the company were last traded on the BSE on February 10. The stock had closed at 54 paise on the day. According to information given on the BSE, ALF has been suspended due to non-payment of dues. Here, the company has informed the market about the board meeting on 11 February.
What are the details?
Future Consumer Limited has told the stock market that the company’s board meeting, which was scheduled to be held on February 13, will now be held on February 14. For some reason, it is being revised. Future Consumer is a food-based FMCG company. It currently has a market cap of Rs 107 crore. Its 52-week high price is Rs 1.26 and the 52-week low price is 49 paise.
The price has broken by 99%
Talking about the performance of the company’s shares, this stock has fallen by 16% so far this year. It’s broken by 50% a year and 97% in five years. In five years, the stock has fallen from Rs 21 to its current price. At the same time, on December 22, 2017, the price of this stock was around Rs 73 and currently it has come down to 54 paise. That is, it has broken down to 100% so far. Explain that during this period, if an investor had invested 1 rupee in this stock and maintained his investment till now, it would have come down to just Rs 740 on today’s date.
