Amtek Auto is currently trading at Rs. 54.85, up by 8.15 points or 17.45% from its previous closing of Rs. 46.70 on the BSE.
The scrip opened at Rs. 46.70 and has touched a high and low of Rs. 57.90 and Rs. 44.75 respectively. So far 10820857 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 266.00 on 12-Sep-2014 and a 52 week low of Rs. 25.60 on 04-Sep-2015.
Last one week high and low of the scrip stood at Rs. 57.90 and Rs. 26.40 respectively. The current market cap of the company is Rs. 1240.65 crore.
The promoters holding in the company stood at 48.98% while Institutions and Non-Institutions held 35.30% and 15.72% respectively.
Amtek Auto, the flagship company of the Amtek Group, is reportedly planning to raise about Rs 6,500 crore by selling assets. The proceeds will go towards reducing the company's debt of about Rs 15,000 crore. Furthermore, the company is considering various means to deleverage the balance sheet, including selling of non-core business, minority stake in overseas companies and some industrial real estate assets within the 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
| Company Name | CMP |
|---|---|
| AIA Engineering | 4003.50 |
| Alicon Castalloy | 700.75 |
| Nelcast | 135.85 |
| Steelcast | 297.30 |
| Synergy Green Inds. | 517.45 |
| 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: