Harita Seating Systems is currently trading at Rs. 164.25, up by 3.25 points or 2.02 % from its previous closing of Rs. 161.00 on the BSE.
The scrip opened at Rs. 164.00 and has touched a high and low of Rs. 164.25 and Rs. 164.00 respectively. So far 100 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 182.40 on 07-Nov-2014 and a 52 week low of Rs. 69.05 on 14-May-2014.
Last one week high and low of the scrip stood at Rs. 167.90 and Rs. 155.00 respectively. The current market cap of the company is Rs. 127.61 crore.
The promoters holding in the company stood at 66.35 % while Institutions and Non-Institutions held 8.69 % and 24.96 % respectively.
Credit rating agency, CARE has reaffirmed ‘BBB’ rating to Harita Seating Systems’ long term bank facilities worth Rs 32.73 crore which was reduced from Rs 35.66 and ‘A3’ rating to company’s Short term Bank Facilities worth Rs 5 crore. The rating agency has also reaffirmed ‘BBB/ A3’ rating to company’s Long-term/Short-term bank facilities worth Rs 8.50 crore which was reduced from Rs 9.50 crore.
The ratings continue to factor in the strong parentage of the TVS group and its long established presence in the automotive business, strong track record of Harita Seating Systems (HSSL) in the seating system space and its long association with major Original Equipment Manufacturers (OEMs)/ Tier-I suppliers.
Harita Seating Systems (HSSL) is part of Chennai based TVS Group and is engaged in the manufacture of seating systems for commercial vehicles, buses, tractors and off-road vehicles. HSSL’s manufacturing facilities are located in Tamil Nadu, Maharashtra, Jharkhand and Himachal Pradesh with an overall capacity to manufacture about 1.7 million seats p.a.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 165.15 |
| TVS Holdings | 11537.25 |
| Bosch | 34335.30 |
| UNO Minda | 1066.90 |
| Endurance Tech | 2361.05 |
| View more.. | |
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