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ANG Industries surges on recieving orders worth Rs 150 crore

26 Nov 2014 Evaluate

ANG Industries is currently trading at Rs. 38.45, up by 0.70 points or 1.85% from its previous closing of Rs. 37.75 on the BSE.

The scrip opened at Rs. 38.10 and has touched a high and low of Rs. 39.30 and Rs. 38.10 respectively. So far 3865 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 39.75 on 25-Nov-2014 and a 52 week low of Rs. 5.62 on 25-Mar-2014.

Last one week high and low of the scrip stood at Rs. 39.75 and Rs. 29.00 respectively. The current market cap of the company is Rs. 58.85 crore.

The promoters holding in the company stood at 49.82 % while Institutions and Non-Institutions held 1.38 % and 48.80 % respectively.

ANG Industries has received orders worth Rs 150 crore spread over three years with firm Long term Agreements with one of its existing customers for the supply of Automotive Components.

ANG Industries is the preferred name world over for its quality products such as heavy vehicle spare parts and automotive trailer parts. The company’s sustained endeavor to become a low cost manufacturer and courtesy its work principles of quality, cost and delivery (QCD), it is Tier 1 and Tier 2 approved original equipment(OE) supplier to some of the leaders of HCV segment in US, Europe and Latin America.

Peers
Company Name CMP
SamvardhanaMotherson 151.25
Tube Investments 3040.00
Bosch 40223.95
UNO Minda 1114.70
CIE Automotive India 462.50
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