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Summit Securities Ltd.

BSE: 533306 Sector: Financials
NSE: SUMMITSEC ISIN Code: INE519C01017
BSE 00:00 | 14 Aug 779.00 0
(0.00%)
OPEN

767.00

HIGH

779.00

LOW

767.00

NSE 10:16 | 16 Aug 777.00 -2.40
(-0.31%)
OPEN

765.05

HIGH

777.00

LOW

765.00

OPEN 767.00
PREVIOUS CLOSE 779.00
VOLUME 54
52-Week high 1349.00
52-Week low 541.10
P/E 11.26
Mkt Cap.(Rs cr) 849
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 767.00
CLOSE 779.00
VOLUME 54
52-Week high 1349.00
52-Week low 541.10
P/E 11.26
Mkt Cap.(Rs cr) 849
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

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.