JTL Infra is currently trading at Rs. 130.00, up by 2.30 points or 1.80 % from its previous closing of Rs. 127.70 on the BSE.
The scrip opened at Rs. 131.60 and has touched a high and low of Rs. 131.60 and Rs. 124.00 respectively. So far 7662 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 134.40 on 12-Dec-2017 and a 52 week low of Rs. 41.25 on 19-Apr-2017.
Last one week high and low of the scrip stood at Rs. 131.60 and Rs. 121.35 respectively. The current market cap of the company is Rs. 127.59 crore.
The promoters holding in the company stood at 69.28%, while non-institutions held 30.72% stake in the company.
JTL Infra has entered into a definite agreement for acquiring the land near Village Koste Budruk, Taluka Mangoan, Raigad district in the state of Maharashtra, for setting up a greenfield project with installed capacity of 100,000 Metric Tonne per annum (MTPA) to manufacture ERW Steel Tubes, Hollow Sections, Galvanized Pipes etc, with in-house Galvanizing Plant.
This project shall be operational in two parts; first phase of 60,000 MTPA capacity shall be operational by September 2018 whereas second phase of 40,000 MTPA capacity shall go into commercial production by the closure of the FY18-19. This project is form part of the company's ongoing expansion and modernization plan which aims to fortify company's positioning in the industry matrix with increased production, sales and profitability.
JTL Infra is an India-based company engaged in manufacture and sale of ERW Black and Galvanized steel pipes and Tubes, hollow sections and structural steel that are used in engineering and construction projects. The Company products include galvanized steel tube and pipe, scaffolding fittings and system, hollow sections, LTZ section and mild steel angles/channels.
| Company Name | CMP |
|---|---|
| Tata Steel | 142.85 |
| JSW Steel | 976.20 |
| SAIL | 112.80 |
| Jindal Stainless | 670.15 |
| Jindal Saw | 295.85 |
| View more.. | |
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