Nava Bharat Ventures is currently trading at Rs. 165.00, up by 0.60 points or 0.36% from its previous closing of Rs. 164.40 on the BSE.
The scrip opened at Rs. 164.50 and has touched a high and low of Rs. 165.00 and Rs. 163.80 respectively. So far 1303 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 203.40 on 13-Apr-2015 and a 52 week low of Rs. 128.00 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 170.00 and Rs. 160.10 respectively. The current market cap of the company is Rs. 1468.78 crore.
The promoters holding in the company stood at 44.06% while Institutions and Non-Institutions held 30.48% and 25.46% respectively.
Nava Bharat Ventures has entered into an agreement for renewal of conversion arrangement of Chrome Ore into Ferro Chrome, with Tata Steel for a period of 4 years commencing from April, 2016, to produce up to 70,000 MT of High Carbon Ferro Chrome per annum at its Odisha Ferro Alloy Plant.
Nava Bharat Ventures (NBV) operates in the business verticals of power generation, mining, ferro alloys and agri-business with multi-national operations spread over India, South East Asia and Africa.
