IFGL Refractories is currently trading at Rs. 38.35, up by 0.45 points or 1.19% from its previous closing of Rs. 37.90 on the BSE.
The scrip opened at Rs. 39.50 and has touched a high and low of Rs. 39.50 and Rs. 37.60 respectively. So far 6820 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 48.00 on 14-Feb-2012 and a 52 week low of Rs. 27.75 on 05-Aug-2011.
Last one week high and low of the scrip stood at Rs. 41.45 and Rs. 37.00 respectively. The current market cap of the company is Rs. 132.73 crore.
The promoters holding in the company stood at 71.30% while Institutions and Non-Institutions held 2.87% and 25.84% respectively.
IFGL Refractories has received an approval to acquire/purchase further 5,80,500 equity shares of Rs 10 each fully paid up of IFGL Exports (IEL) from promoters so as to make IEL as 51% subsidiary of the company. The board at its meeting held on March 26, 2012 has approved for the same.
IEL has recently set up facilities for manufacture of continuous casting refractories at new area of Kandla Special Economic Zone in Gujarat.
IFGL Refractories, the flagship company of S K Bajoria Group, is engaged in the manufacture of specialized refractories and requisite operating systems for the Steel Industry.
Company Name | CMP |
---|---|
RHI Magnesita | 641.00 |
Vesuvius India | 4302.80 |
IFGL Refractories | 649.60 |
Orient Ceratech | 50.00 |
Morganite Crucible(I | 1423.70 |
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