GEI Industrial Systems is currently trading at Rs. 123.00, up by 2.00 points or 1.65% from its previous closing of Rs. 121.00 on the BSE.
The scrip opened at Rs. 122.95 and has touched a high and low of Rs. 124.00 and Rs. 118.00 respectively. So far 4,309 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 221.00 on 25-Apr-2011 and a 52 week low of Rs. 101.10 on 24-Nov-2011.
Last one week high and low of the scrip stood at Rs. 127.00 and Rs. 118.00 respectively. The current market cap of the company is Rs. 204.00 crore.
The promoters holding in the company stood at 41.41% while Institutions and Non-Institutions held 9.54% and 49.05% respectively.
GEI Industrial Systems has acquired 1000, 5% Compulsorily Convertible Debentures (CCDs) of face value of Rs 100,000 each amounting to Rs 10 crore of its wholly owned subsidiary - GEI Power from BTGC. The company has acquired it pursuant to its agreement with BanyanTree Growth Capital LLC, Mauritius (BTGC).
GEI Industrial Systems is known as a specialist in heat transfer technology with an unbeatable track record in the oil, gas, power and compressor business with equipment installed in all the six continents of North America, South America, Europe, Africa, Asia and Australia.
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