Kamdhenu Ispat is currently trading at Rs. 41.00, up by 0.70 points or 1.74% from its previous closing of Rs. 40.30 on the BSE.
The scrip opened at Rs. 40.00 and has touched a high and low of Rs. 41.00 and Rs. 40.00 respectively.
The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 63.90 on 24-Nov-2014 and a 52 week low of Rs. 36.50 on 08-Jun-2015.
Last one week high and low of the scrip stood at Rs. 43.75 and Rs. 39.00 respectively. The current market cap of the company is Rs. 95.94 crore.
The promoters holding in the company stood at 69.19% while Non-Institutions held 30.81% respectively.
Kamdhenu Ispat is planning to invest up to Rs 50 crore for increasing steel making capacity of its Rajasthan plant to 72,000 tonnes from 60,000 tonnes. The steel bar producer, which has manufacturing plant in Bhiwadi district, expects to make the investment by the end of this financial year. The installed steel capacity of the company's franchise units is around 20 lakh tonnes, which the company has targeted to increase to 24 lakh tonnes by the end of 2015-16 fiscal.
Kamdhenu Ispat, which is mainly into manufacturing of TMT bars and structural steels for use in the construction sector, had forayed into the paints business in 2008 by setting up a plant near its steel mill at Bhiwadi in Rajasthan.
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