Amtek Auto is currently trading at Rs. 156.70, up by 8.00 points or 5.38% from its previous closing of Rs. 148.70 on the BSE.
The scrip opened at Rs. 159.50 and has touched a high and low of Rs. 161.00 and Rs. 155.50 respectively. So far 1,18,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 272.40 on 09-Jun-2014 and a 52 week low of Rs. 116.20 on 18-Mar-2014.
Last one week high and low of the scrip stood at Rs. 161.00 and Rs. 146.35 respectively. The current market cap of the company is Rs. 3,429.00 crore.
The promoters holding in the company stood at 48.98% while Institutions and Non-Institutions held 36.61% and 14.41% respectively.
Amtek Auto has acquired German based Scholz Edelstahl GmbH (Scholz) through its 100% Singapore based subsidiary Amtek Precision Engineering.
Scholz is a leading high quality hot die forgings manufacturer for the auto and non-auto component industries. It is also engaged in the special steel trading business which will enable backward integration with all of Amtek Group’s international business.
Amtek Auto manufactures components such as connecting rod assemblies, flywheel ring gears and assembly, steering knuckles, suspension and steering srms, CV joints, crankshaft assemblies and torque links. It is backed by in-house design and development facilities engaged in developing new product and processes.
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