Marsons is currently trading at Rs. 8.01, up by 0.38 points or 4.98% from its previous closing of Rs. 7.63 on the BSE.
The scrip opened at Rs. 7.89 and has touched a high and low of Rs. 8.01 and Rs. 7.86 respectively. So far 19310 shares were traded on the counter.
The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 10.12 on 06-Jan-2016 and a 52 week low of Rs. 3.25 on 02-Sep-2015.
Last one week high and low of the scrip stood at Rs. 8.80 and Rs. 7.21 respectively. The current market cap of the company is Rs. 19.08 crore.
The promoters holding in the company stood at 39.69% while Non-Institutions held 60.31%.
Marsons has bagged an order worth Rs 25 crore from the Rajasthan state utility, which it intends to complete in less than 6 months time. The order involves manufacturing of 19 nos. of 25 MVA transformers. The company is also in advanced stages of discussion for various NER projects, which have once again cemented the company’s position as the single largest transformer manufacturer in Eastern and North Eastern India and also brought the company closer to its ambitious target for the next fiscal year.
Marsons is one of the oldest and most reputed manufacturers of transformers in India with an infrastructure to supply transformers up to 160 MVA/220 kV class. Having supplied over 200,000 power transformers over the last six decades, Marsons is the largest transformer manufacturer in Eastern and North Eastern India.
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