Elgi Equipments is currently trading at Rs. 83.45, up by 2.20 points or 2.71% from its previous closing of Rs. 81.25 on the BSE.
The scrip opened at Rs. 82.50 and has touched a high and low of Rs. 83.70 and Rs. 82.30 respectively. So far 329 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 99.50 on 09-Jan-2013 and a 52 week low of Rs. 70.00 on 29-Oct-2012.
Last one week high and low of the scrip stood at Rs. 83.70 and Rs. 78.50 respectively. The current market cap of the company is Rs. 1307.25 crore.
The promoters holding in the company stood at 31.79% while Institutions and Non-Institutions held 21.83% and 46.38% respectively.
Coimbatore-based Elgi Equipments, which manufactures air compressors and automotive equipment, has earmarked a capex of Rs 30 crore this fiscal, much of it will be utilized in India, for capacity expansion. However, this expenditure is subjected to improvement in market condition.
The company recently has opened its own warehouse with sales and service support in Indonesia, which will help the company in penetrating into the markets further. The company, in total, has 12 international subsidiaries, which collectively contribute to 50% of the company’s revenue.
Elgi Equipments is today, the market leader and Asia's largest manufacturer of air compressors and automobile service station equipment. ELGI's products are used in a wide range of applications in areas ranging from mining, transport, pharmaceuticals, power, oil, railways, chemicals, textiles, printing to ship building, paper, electronics, telecommunications, medical, food & beverages and plastics.
| Company Name | CMP |
|---|---|
| KSB | 722.35 |
| Elgi Equipments | 490.30 |
| Dynamatic Tech | 6220.75 |
| Kirloskar Pneumatic | 1202.80 |
| Shakti Pumps (I) | 981.20 |
| View more.. | |
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