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Stone India surges on receiving order worth Rs 20.62 crore from Lucknow Metro Rail Corporation

04 Jan 2016 Evaluate

Stone India is currently trading at Rs. 96.50, up by 4.35 points or 4.72% from its previous closing of Rs. 92.15 on the BSE.

The scrip opened at Rs. 93.85 and has touched a high and low of Rs. 97.70 and Rs. 93.85 respectively. So far 1,18,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 101.00 on 20-Feb-2015 and a 52 week low of Rs. 41.10 on 03-Jun-2015.

Last one week high and low of the scrip stood at Rs. 97.70 and Rs. 88.80 respectively. The current market cap of the company is Rs. 78.85 crore.

The promoters holding in the company stood at 44.87% while Institutions and Non-Institutions held 0.01% and 55.12% respectively.

Stone India, as a part of Stone India Consortium, has received an order for design, maintenance, supply, installation and commissioning of 97 nos. Passenger Escalators valuing Rs 20.62 crore from Lucknow Metro Rail Corporation.

Stone India, a multi-product engineering company located in Kolkata, has been serving the Indian rail road industry for over seven decades.


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