Introduction:
Realty stock has announced a strategic joint venture to expand furniture manufacturing, logistics, and display studios across India. This collaboration aims to enhance operational efficiency, drive innovation, and strengthen market presence, creating long-term value for customers and stakeholders.
Share Price movement of EFC (I):
On January 31, 2025, EFC (I) Ltd’s share opened at ₹524.00 and rose 4% and reached an intraday high of ₹544.00, and touched a low of ₹515.00. Currently the stock is trading at 532.55. Its market cap stood at ₹2650.86 crore.
EFC (I) share new joint venture:
EFC (I) (I) Limited and Pepperfry Limited have signed a Term Sheet to establish a joint venture focused on expanding the furniture manufacturing, logistics, and display studio businesses across India. This collaboration aims to enhance operational scale, drive innovation, and create value for customers, partners, and stakeholders.
The joint venture will leverage EFC (I)’s expertise in logistics and franchising along with Pepperfry’s established market presence in furniture retail. The partnership is expected to create new business opportunities, streamline operations, and strengthen both companies’ positions in the competitive furniture and logistics sectors.
Mr. Umesh Kumar Sahay, Chairman and Managing Director, expressed enthusiasm for this venture, emphasizing its long-term growth potential. The transaction is subject to regulatory approvals and is anticipated to be finalized by March 2025, marking a strategic milestone for both companies.
Recent news About EFC (I) :
January 30, 2025 – EFC (I) Limited has announced its first-ever 1:1 bonus share issue, with February 11, 2025, set as the record date for eligible shareholders. This move aims to enhance shareholder value and increase liquidity in the stock market.
Ace investor holding of EFC (I):
Ace investor Kedar Arvind Kulkarni holds 766,978 shares in EFC (I) Ltd., representing a 1.54% stake. With a holding value of ₹41.0 crore, his investment reflects confidence in the company’s growth potential. His stake remains unchanged from the previous quarter, indicating a long-term strategic position.
Stock performance of EFC (I) for Period of 1 week, 6 months and 1 year:
EFC (I) stock saw a 3.64% increase over the past week, reflecting short-term positive momentum. Over six months, the stock gained 1.33%, indicating steady performance. On a yearly basis, it delivered a strong 24.9% return, showcasing consistent long-term growth and investor confidence.
Shareholding pattern of EFC (I):
| Summary | Dec-24 | Sep-24 | Jun-24 |
| Promoter | 45.60% | 45.60% | 45.60% |
| FII | 4.60% | 5.40% | 5.50% |
| DII | 3.70% | 2.00% | 1.80% |
| Public | 46.10% | 47.10% | 47.20% |
About EFC (I):
EFC (I) Limited is a growing company specializing in workspace solutions, furniture manufacturing, and logistics. It focuses on providing innovative co-working spaces and expanding its business through strategic ventures. The company is strengthening its market presence with expansion initiatives and collaborations across India.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
