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Stone India trades jubilantly on bagging order worth Rs 28.70 crore

21 Apr 2016 Evaluate

Stone India is currently trading at Rs. 80.00, up by 5.70 points or 7.67% from its previous closing of Rs. 74.30 on the BSE.

The scrip opened at Rs. 80.00 and has touched a high and low of Rs. 83.90 and Rs. 80.00 respectively. So far 123534 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 105.40 on 05-Jan-2016 and a 52 week low of Rs. 41.10 on 03-Jun-2015.

Last one week high and low of the scrip stood at Rs. 83.90 and Rs. 72.65 respectively. The current market cap of the company is Rs. 78.16 crore.

The promoters holding in the company stood at 44.87% while Institutions and Non-Institutions held 0.01% and 55.12% respectively.

Stone India has bagged an order for supply & installation of 9090 units of Bio-Toilets to Government of Chattisgarh valuing Rs 28.70 crore via its Business Associate, Cranberry Westlink T & D Inc. This is the single largest order of Bio Toilets for Stone India.

Stone India, a multi-product engineering company located in Kolkata, has been serving the Indian rail road industry for over seven decades.

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