Ricoh India is currently trading at Rs 58.05, up by 0.15 points or 0.26% from its previous closing of Rs 57.90 on the BSE.
The scrip opened at Rs 58.55 and has touched a high and low of Rs 58.70 and Rs 58.00 respectively. So far 1075 shares were traded on the counter.
The BSE group 'T' stock of face value Rs 10 has touched a 52 week high of Rs 91.85 on 29-Oct-2012 and a 52 week low of Rs 32.65 on 26-Mar-2013.
Last one week high and low of the scrip stood at Rs 61.90 and Rs 55.30 respectively. The current market cap of the company is Rs 230.66 crore.
The promoters holding in the company stood at 73.60% while Institutions and Non-Institutions held 0.02% and 26.38% respectively.
Ricoh India, a subsidiary of Japan-based Ricoh Company has unveiled ‘SP 200’ series of laser printers which are competitively priced and have a low operating cost. The series has six models of laser printer and A4 multi-functional printers (MFPs). SP 200 have a print speed of 22 pages per minute with a duty cycle of 20,000 pagers per month.
The entry level segment constitutes 80% of the total laser printer market in India. Ricoh’s entry level has 11 models of SP 100 and SP 200 series with genuine toner refill programme that offers users cost effective solutions. Besides, the company is eyeing to achieve Rs 1,000 crore turnover this fiscal on the back of its expansion strategy to have presence in over 200 cities.
Ricoh India is a leading global player in the area of imaging solutions like Digital Plain Paper Copiers, Colour Plain Paper Copiers, Colour & Mono Lazer Printers, Fax machines, Thermal paper etc. The firm had clocked revenue of Rs 633 crore in the 2012-13 fiscal.
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