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Summit Securities Ltd.

BSE: 533306 Sector: Financials
NSE: SUMMITSEC ISIN Code: INE519C01017
BSE 00:00 | 25 Mar 560.00 0
(0.00%)
OPEN

545.00

HIGH

570.00

LOW

543.80

NSE 09:37 | 26 Mar 559.25 0.05
(0.01%)
OPEN

559.90

HIGH

559.90

LOW

559.25

OPEN 545.00
PREVIOUS CLOSE 560.00
VOLUME 89
52-Week high 931.00
52-Week low 466.00
P/E 7.85
Mkt Cap.(Rs cr) 610
Buy Price 548.00
Buy Qty 1.00
Sell Price 560.00
Sell Qty 6.00
OPEN 545.00
CLOSE 560.00
VOLUME 89
52-Week high 931.00
52-Week low 466.00
P/E 7.85
Mkt Cap.(Rs cr) 610
Buy Price 548.00
Buy Qty 1.00
Sell Price 560.00
Sell Qty 6.00

Summit Securities Ltd. (SUMMITSEC) - Company History

Summit Securities Limited is an India-based company. The Company is a non banking financial company (NBFC). The Company is primarily engaged in investment in securities. The Company's income is mainly derived from the dividends on investments held by it. Summit Securities earlier known as KEC Infrastructures, a group company of RPG Enterprises was originally incorporated in the year 1945. Entering into a scheme of arrangement effective December 26, 2005, the company transferred its power transmission business to KEC International and got its current name on January 09, 2006. The registered office of the company is located at Worli, Mumbai. The company entered into a memorandum of understanding with the Neptune group and sold its immovable property situated in Kurla, Mumbai for Rs 912,222,000 to Neptune Realtors in February 2007. As of March 31, 2011, the Company had two subsidiaries, Instant Holdings Limited and Sudarshan Electronics & T. V. Limited and two step down subsidiaries, including Idea Tracom Private Limited and Goodhope Sales Private Limited, being the wholly owned subsidiaries of Instant Holdings Limited. The company`s assets consists mainly of land in Mumbai and investments in its subsidiary KEC Holdings. The company also has investments in various companies like CEAT, RPG, Harrisons Malyalam and others.