Electrosteel Steels is currently trading at Rs. 6.91, up by 0.05 points or 0.73% from its previous closing of Rs. 6.86 on the BSE.
The scrip opened at Rs. 6.85 and has touched a high and low of Rs. 6.91 and Rs. 6.80 respectively. So far 66,263 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 10.50 on 15-Apr-2011 and a 52 week low of Rs. 3.75 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 7.05 and Rs. 6.50 respectively. The current market cap of the company is Rs. 1,406.00 crore.
The promoters holding in the company stood at 34.57% while Institutions and Non-Institutions held 2.07% and 63.36% respectively.
Electrosteel Steels will be signing an off-take agreement with Stemcor India and/or Electrosteel Castings, for securitization of its future receivables of sale proceeds of ductile iron pipes and pig iron. The board of directors at its meeting held on February 06, 2012 has approved for the same.
Electrosteel Steels is currently in the business of manufacturing spun pipes - DI Pipes, CI Pipes and DI fittings.
| Company Name | CMP |
|---|---|
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