Electrosteel Castings trades higher on the bourses

10 Apr 2015 Evaluate

Electrosteel Castings is currently trading at Rs. 19.20, up by 0.35 points or 1.86% from its previous closing of Rs. 18.85 on the BSE.

The scrip opened at Rs. 19.00 and has touched a high and low of Rs. 19.40 and Rs. 18.75 respectively. So far 136355 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 1 has touched a 52 week high of Rs. 36.90 on 11-Jun-2014 and a 52 week low of Rs. 15.05 on 22-Dec-2014.

Last one week high and low of the scrip stood at Rs. 20.15 and Rs. 18.45 respectively. The current market cap of the company is Rs. 683.57 crore.

The promoters holding in the company stood at 53.01% while Institutions and Non-Institutions held 10.07% and 36.33% respectively.

Electrosteel Castings has handed over the Parbatpur coal block along with other assets with effect from April 01, 2015 to (GM) Eastern Jharia area of BCCL as per the direction from Coal India (CIL).

This step has been taken pursuant to Supreme Court of India Order cancelling the coal blocks allotted in earlier years to various companies and Ordinance promulgated by The Government of India, Ministry of Law and Justice (Legislative Department) on October 21, 2014 for implementing the order of Supreme Court, the company’s Parbatpur coal block stood cancelled. However, in terms of the ordinance, the company was allowed to continue its operation in mines till March 31, 2015.

Electrosteel Castings is engaged in the manufacturing solutions for water supply and sewerage systems. ECL has been certified for ISO 9001:2000 standard by different bodies such as IRQS and BSI for the manufacture of DI pipes for water, sewerage, gas and ash transportation.

Electrost Castings Share Price

144.85 0.85 (0.59%)
22-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
Electrost Castings 144.85
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