Steelcast is currently trading at Rs. 43.75, up by 3.90 points or 9.79% from its previous closing of Rs. 39.85 on the BSE.
The scrip opened at Rs. 44.00 and has touched a high and low of Rs. 45.00 and Rs. 42.50 respectively. So far 46720 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 46.65 on 16-Sep-2014 and a 52 week low of Rs. 22.05 on 25-Feb-2014.
Last one week high and low of the scrip stood at Rs. 45.00 and Rs. 36.05 respectively. The current market cap of the company is Rs. 81.52 crore.
The promoters holding in the company stood at 50.88% while Non-Institutions held 49.12% stake in the company.
Steelcast has entered into a Manufacturing Agreement with AIA Engineering, Ahmedabad. According to this agreement, the Company will manufacture certain products for AIA Engineering which will improve the Capacity utilization of the Company.
Steelcast caters to earthmoving equipment manufacturers, heavy electrical equipment manufacturers, mining, mineral processing equipment manufacturers, OFE valve manufacturers, general engineering equipment manufacturers and end users like cement plants, mining & mineral processing units, thermal power plants and steel plants.
