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Modison Metals rises on inking pact with ECI Atlanta

24 Dec 2014 Evaluate

Modison Metals is currently trading at Rs. 53.95, up by 1.15 points or 2.18% from its previous closing of Rs. 52.80 on the BSE.

The scrip opened at Rs. 52.90 and has touched a high and low of Rs. 53.95 and Rs. 52.20 respectively. So far 21449 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 66.60 on 18-Nov-2014 and a 52 week low of Rs. 28.50 on 31-Dec-2013.

Last one week high and low of the scrip stood at Rs. 56.20 and Rs. 45.75 respectively. The current market cap of the company is Rs. 172.31 crore.

The promoters holding in the company stood at 51.45% while Institutions and Non-Institutions held 0.15 % and 48.40% respectively.

Modison Metals has inked a pact with a USA company, ECI Atlanta for distribution and marketing of its products in North America. The Company is trying to enhance the geographical reach particularly in North America and it is a major milestone in line with overall strategic plan.

Modison Metals is an established manufacturer of electrical contacts made of silver and silver alloys for low, medium and high voltage switchgear industry.

 

Modison Share Price

146.75 0.65 (0.44%)
17-Apr-2026 16:59 View Price Chart
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