Moser Baer inches up on its arm receiving ‘Green Leaf’ Mark by Intertek AB Semco

24 Nov 2011 Evaluate

Moser Baer is currently trading at Rs. 20.80, up by 0.15 points or 0.73% from its previous closing of Rs. 20.65 on the BSE.

The scrip opened at Rs. 21.10 and has touched a high and low of Rs. 21.10 and Rs. 20.65 respectively. So far 1,846 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 64.45 on 31-Dec-2010 and a 52 week low of Rs. 20.20 on 19-Aug-2011.

Last one week high and low of the scrip stood at Rs. 22.15 and Rs. 20.35 respectively. The current market cap of the company is Rs. 350.00 crore.

The promoters holding in the company stood at 16.29% while Institutions and Non-Institutions held 25.28% and 58.43% respectively.

Moser Baer’s subsidiary - Moser Baer Solar (MBSL), has been awarded ‘Green Leaf’ Mark by Intertek AB Semco, Germany for its latest Max Series Lead free solar PV modules. Intertek's Green Leaf Mark certifies that this product has been independently tested and found to conform to the multiple existing environmental regulations, such as RoHS laws, REACH and Eco Design.

With this MBSL has been accorded the rights to display the prestigious ‘Green Leaf’ mark on product packaging, at point of purchase in displays, product advertising and literature to highlight its superior environmental credentials.

These ‘Green Leaf’ compliant solar PV modules adhere to the EU RoHS and WEEE regulations and will help its customers accrue multiple benefits in future.

Moser Baer is second largest manufacturer of optical storage media like CDs and DVDs in the world. It is first to market the next generation Blu-ray Discs and HD DVDs. It has diversified itself into areas of solar energy, home entertainment and IT peripherals and consumer electronics.

Intertek is the industry leader for certifying quality, environmental, safety and social accountability standards of products world-wide.

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