Ahmednagar Forgings is currently trading at Rs. 316.00, down by -9.30 points or -2.86 % from its previous closing of Rs. 325.30 on the BSE.
The scrip opened at Rs. 327.00 and has touched a high and low of Rs. 328.00 and Rs. 314.25 respectively. So far 49984 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 376.35 on 18-Jun-2014 and a 52 week low of Rs. 73.20 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 353.30 and Rs. 315.00 respectively. The current market cap of the company is Rs. 1161.30 crore.
The promoters holding in the company stood at 64.77 % while Institutions and Non-Institutions held 18.70 % and 16.52 % respectively.
Cresta Fund has offloaded 3.85 lakh shares of Ahmednagar Forgings through the open market route. The shares were sold on an average price of Rs 327.26 valuing the transaction to Rs 12.60 crore.
Ahmednagar Forgings (AFL) is a manufacturer of forging and machined automotive components, cold forged parts and high tensile fasteners. AFL operates four plants; two of them are located at Ahmednagar, Maharashtra and the other two near Pune, Maharashtra.
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