Elecon Engineering Company is currently trading at Rs. 47.05, up by 4.10 points or 9.55% from its previous closing of Rs. 42.95 on the BSE.
The scrip opened at Rs. 43.60 and has touched a high and low of Rs. 47.55 and Rs. 43.55 respectively. So far 1,25,000 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 2 has touched a 52 week high of Rs. 97.00 on 06-Aug-2015 and a 52 week low of Rs. 42.70 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 50.60 and Rs. 42.70 respectively. The current market cap of the company is Rs. 513.09 crore.
The promoters holding in the company stood at 57.34%, while Institutions and Non-Institutions held 8.21% and 34.45% respectively.
Elecon Engineering Company has been awarded a prestigious order from Mazagon Dock Shipbuilders for supply of Marine Gearboxes aggregating worth of Rs 300 crore.
Elecon Engineering Company, founded in 1951, is engaged in delivering power transmission solutions and material handling equipment. The company caters to the needs of various sectors like steel, fertilisers, cement, coal, lignite and iron ore mines, sugar, power stations and port mechanization in India and abroad.
