Inflame Appliances is currently trading at Rs. 363.05, up by 10.95 points or 3.11% from its previous closing of Rs. 352.10 on the BSE.
The scrip opened at Rs. 345.00 and has touched a high and low of Rs. 363.05 and Rs. 345.00 respectively. So far 8000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 499.80 on 14-Jan-2022 and a 52 week low of Rs. 168.60 on 19-May-2021.
Last one week high and low of the scrip stood at Rs. 363.05 and Rs. 331.20 respectively. The current market cap of the company is Rs. 235.41 crore.
The promoters holding in the company stood at 48.12%, while Non-Institutions held 51.88% stake in the company.
Inflame Appliances has made full payment towards Land allotted at Industrial park situated at EMC-Maheshwaram, in the state of Telangana. Further, the company is about to receive Land Allotment Letter shortly and other necessary approvals for construction of factory from competent authorities is expected to be received within 4-6 weeks. Any Further Activity on Proposed Project at New acquired land is planned and the commercial production will commence by end of December 2022.
Inflame Appliances is engaged in manufacturing of LPG Gas Stove/ Cooktops in various range.
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