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Cheviot Company gains on commencing operations at 3.14MW captive power plant

05 Jan 2016 Evaluate

Cheviot Company is currently trading at Rs. 1002.75, up by 4.00 points or 0.40% from its previous closing of Rs. 998.75 on the BSE.

The scrip opened at Rs. 1009.25 and has touched a high and low of Rs. 1014.75 and Rs. 991.50 respectively. So far 1629 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 1070.00 on 10-Dec-2015 and a 52 week low of Rs. 325.00 on 07-Jan-2015.

Last one week high and low of the scrip stood at Rs. 1054.75 and Rs. 980.00 respectively. The current market cap of the company is Rs. 451.58 crore.

The promoters holding in the company stood at 75.00 % while Institutions and Non-Institutions held 0.17 % and 24.83 % respectively.

In the wake of fall in oil prices, Cheviot Company has started running its 3.14 MW Captive Power Plant installed at Budge Budge Jute Mill premises with effect from January 01, 2016 to cater power requirement of its own Jute Mill at Budge Budge instead of drawing Power from CESC supply line hitherto. In this connection, the company note that pursuant to the arrangement with CESC, the company shall draw the power from CESC supply line whenever required during exigencies.  

Cheviot company is engaged in the manufacturing of Sacking bags(for packing Food grains),Sacking Cloth, Hessian cloth & Bags,Decorative Fabrics - Jute and Jute blended Yarn of 3lbs to 36lbs,100% Jute and also Jute blended with other Textile fibres. The company is the part of Cheviot Group of companies. The group has marked its presence in jute, yarn, tea and leather segment.

 

Cheviot Company Share Price

1080.85 -9.15 (-0.84%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 130.25
Vardhman Textiles 590.10
Arvind 382.55
K.P.R. Mill 930.45
Page Industries 37647.00
View more..

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