Adhunik Metaliks is currently trading at Rs. 18.80, up by 3.10 points or 19.75% from its previous closing of Rs. 15.70 on the BSE.
The scrip opened at Rs. 17.85 and has touched a high and low of Rs. 18.80 and Rs. 17.85 respectively. So far 108834 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 52.70 on 18-Jul-2014 and a 52 week low of Rs. 14.00 on 09-Jun-2015.
Last one week high and low of the scrip stood at Rs. 15.95 and Rs. 14.30 respectively. The current market cap of the company is Rs. 232.18 crore.
The promoters holding in the company stood at 64.71 %, while Institutions and Non-Institutions held 8.58% and 26.72% respectively.
Adhunik Metaliks’ wholly owned subsidiary - Orissa Manganese & Minerals (OMML), has been granted extension of lease for its three manganese ore mines (Patmunda, Orahuri & Kusumudhi) till March 31, 2020 under merchant category. Patmunda mine has already re-started operation.
The requisite stamp duty and registration charges have already been deposited to the State Government of Odisha. OMML has requested the Government to extent the lease of these mines for further 10 years under captive clause.
Adhunik Metaliks is the flagship company of the Kolkata-based Adhunik Group of Industries and is engaged in manufacturing of wide range of special steels used for different applications in the fields of automobile, construction and engineering.
| Company Name | CMP |
|---|---|
| Tata Steel | 211.65 |
| JSW Steel | 1274.85 |
| SAIL | 172.50 |
| Jindal Stainless | 789.80 |
| APL Apollo Tubes | 2141.55 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: