Stone India is currently trading at Rs. 53.10, up by 3.50 points or 7.06% from its previous closing of Rs. 49.60 on the BSE.
The scrip opened at Rs. 50.15 and has touched a high and low of Rs. 54.50 and Rs. 48.10 respectively. So far 113956 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 54.50 on 22-Oct-2014 and a 52 week low of Rs. 14.00 on 20-Dec-2013.
Last one week high and low of the scrip stood at Rs. 54.50 and Rs. 41.40 respectively. The current market cap of the company is Rs. 42.04 crore.
The promoters holding in the company stood at 35.25% while Institutions and Non-Institutions held 0.01% and 64.73% respectively.
Stone India has received initial orders from Chittaranjan Locomotive Works, Indian Railways, valued at approximately Rs 2 crore, for supply of their indigenously developed Computerized Brake System for three phase electric locomotives. This advanced safety product has been developed in its state of the art R&D Centre, which has been recognized by Ministry of Science & Technology, Government of India. This is a high end safety product which is currently supplied in the world market only by a few leading large American & European companies.
Stone India, a multi-product engineering company located in Kolkata, has been serving the Indian rail road industry for over seven decades.
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