Subros is currently trading at Rs. 90.00, up by 3.30 points or 3.81% from its previous closing of Rs. 86.70 on the BSE.
The scrip opened at Rs. 89.00 and has touched a high and low of Rs. 91.95 and Rs. 88.60 respectively. So far 9,791 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 102.00 on 03-Aug-2015 and a 52 week low of Rs. 51.00 on 12-Jun-2015.
Last one week high and low of the scrip stood at Rs. 91.95 and Rs. 75.70 respectively. The current market cap of the company is Rs. 543.80 crore.
The promoters holding in the company stood at 40.01% while Institutions and Non-Institutions held 1.89% and 58.10% respectively.
Subros, India’s largest & leading manufacturer of Automotive air conditioning systems & thermal products for automotive applications, has been approved for the supply of cab mounted HVAC Unit by Indian Railways. The company has received its first major order for approximately Rs 15 crore from Indian Railways - Diesel Locomotive Works (DLW), Varanasi for supplies to be executed. The company has made efforts for development of product to meet DLW’s requirements & expects continued business from Indian Railways.
Subros has grown from a capacity of 15,000 AC units in 1985 comprising of largely an assembly operation, into the largest and only integrated manufacturing unit in India for Auto Air Conditioning systems. The company has the capability to manufacture compressors, condensers, heat exchangers and all the connecting elements that are required to complete the AC Loop.
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