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CMC trades with traction on the bourses

26 Aug 2014 Evaluate

CMC is currently trading at Rs. 2111.00, up by 61.50 points or 3.00% from its previous closing of Rs. 2049.50 on the BSE.

The scrip opened at Rs. 2059.00 and has touched a high and low of Rs. 2130.00 and Rs. 2035.00 respectively. So far 2177 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2130.00 on 08-Jul-2014 and a 52 week low of Rs. 1220.00 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 2130.00 and Rs. 1851.35 respectively. The current market cap of the company is Rs. 6408.45 crore.

The promoters holding in the company stood at 51.12% while Institutions and Non-Institutions held 39.80% and 9.08% respectively.

CMC has been recognized by The Institute of Company Secretaries of India (ICSI) as one of the top 7 companies in India for consistently fostering excellent corporate governance practices. The company was conferred with Certificate of Recognition for the fourth consecutive year at the 13th ICSI National Award for Excellence in Corporate Governance - 2013 presentation ceremony held at Kolkata on August 24, 2014.

The ICSI National Awards for Excellence in Corporate Governance were instituted by the ICSI in the year 2001, in pursuit of excellence and to identify, foster and reward the culture of evolving globally acceptable standards of corporate governance among Indian companies.

CMC is leading system engineering and Integration Company in India and is a subsidiary of Tata Consultancy Services, Asia’s largest software company. Operating out of 18 offices and 180 services locations in the country, CMC employs over 10,000 people and has a wholly owned subsidiary in USA called CMC Americas, Inc.

 

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