IRM Energy is currently trading at Rs. 515.00, up by 2.60 points or 0.51% from its previous closing of Rs. 512.40 on the BSE.
The scrip opened at Rs. 519.80 and has touched a high and low of Rs. 533.45 and Rs. 512.30 respectively. So far 5251 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 573.80 on 15-Jan-2024 and a 52 week low of Rs. 435.20 on 22-Nov-2023.
Last one week high and low of the scrip stood at Rs. 542.00 and Rs. 500.00 respectively. The current market cap of the company is Rs. 2114.57 crore.
The promoters holding in the company stood at 50.07%, while Institutions and Non-Institutions held 13.09% and 36.84% respectively.
IRM Energy has commenced the commercial operations at LCNG station at Rasipuram, Namakkal District of the Geographical Area of the Company from January 24, 2024. The LCNG Station has a capacity of natural gas compression of 64800 kgs/day at 250bar (High Pressure Stream) and 104500 kgs/day (Medium Pressure Stream). The state-of-the-art facility has 1 no. of 56 Kilo Litre (KL) Stationary LNG tank with a provision to add additional 2 nos. of 56 KL Tanks. It also has 2 nos. of CNG Car Dispensers, 1 no. of CNG Bus Dispenser with a provision to add 3 nos. of CNG Car /Bus Dispensers. Additionally, this facility has a provision for LNG dispensing by using LNG on the fly skid. This facility will cater to the demand for natural gas in Namakkal District of the Geographical Area.
IRM Energy provides piped natural gas (PNG) and compressed natural gas (CNG). It has operations in states including Gujarat, Punjab and Tamil Nadu.
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