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ANG Industries shines on bagging order worth Rs 22.50 crore

11 Mar 2016 Evaluate

ANG Industries is currently trading at Rs. 39.25, up by 0.75 points or 1.95% from its previous closing of Rs. 38.50 on the BSE.

The scrip opened at Rs. 38.60 and has touched a high and low of Rs. 39.65 and Rs. 38.15 respectively. So far 3723 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 60.00 on 02-Dec-2015 and a 52 week low of Rs. 29.75 on 22-Jun-2015.

Last one week high and low of the scrip stood at Rs. 41.60 and Rs. 38.40 respectively. The current market cap of the company is Rs. 61.38 crore.

The promoters holding in the company stood at 38.84% while Institutions and Non-Institutions held 0.24% and 60.92% respectively.

ANG Industries has received order of 1500 Reversed Vending Machines which will be used in collecting waste plastics and P.E.T Bottles and reduced the volume to 5% of the total volume of the bottles and make it easy to collect waste water, cold drinks and juices empty bottles. The total value of the order is Rs 22.5 crore to be executed in next 15 months by the company.

ANG is an India based multifaceted manufacturer of automotive components for HCV applications and components and weldments for off-highway applications. The Group is a leading manufacturer and service international OEM’s across North America, South America and Europe.

 

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