IFGL Refractories is currently trading at Rs. 149.10, up by 7.10 points or 5.00% from its previous closing of Rs. 142.00 on the BSE.
The scrip opened at Rs. 148.45 and has touched a high and low of Rs. 149.10 and Rs. 145.00 respectively. So far 12630 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 155.30 on 10-Jun-2014 and a 52 week low of Rs. 24.00 on 05-Aug-2013.
Last one week high and low of the scrip stood at Rs. 149.10 and Rs. 132.10 respectively. The current market cap of the company is Rs. 516.04 crore.
The promoters holding in the company stood at 71.30% while Institutions and Non-Institutions held 1.05% and 27.65% respectively.
IFGL Refractories is eyeing an overall growth of 10-20 percent for FY15. The company is tripling its capacity at IFGL Exports, a subsidiary of the company, located at Kandla SEZ, Gujarat, in phases and is also looking to double its capacity in the US.
The Gujarat plant has a capacity of 80,000 pieces for isostatically pressed products and the company is doubling the capacity, which should complete in the first quarter of 15/16. The US plant which also manufactures the same range of products where the capacities are around 80,000 pieces is going to be doubled and that should complete in the current financial year. The company is estimating the project cost to be about $2.5 million.
IFGL Refractories is the flagship company of S K Bajoria Group. It is engaged in the manufacture of specialized refractories and requisite operating systems for the Steel Industry.
Company Name | CMP |
---|---|
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Vesuvius India | 4524.20 |
IFGL Refractories | 665.00 |
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