Autoline Industries is currently trading at Rs 55.30, up by 4.75 points or 9.40% from its previous closing of Rs. 50.55 on the BSE.
The scrip opened at Rs. 51.85 and has touched a high and low of Rs. 57.20 and Rs. 51.50 respectively. So far 97836 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 65.60 on 20-Jul-2015 and a 52 week low of Rs. 34.10 on 05-Apr-2016.
Last one week high and low of the scrip stood at Rs. 51.75 and Rs. 47.60 respectively. The current market cap of the company is Rs. 72.84 crore.
The promoters holding in the company stood at 31.29%, while Institutions and Non-Institutions held 1.51% and 67.19% respectively.
Autoline Industries’ subsidiary - Autoline Industrial Parks, has executed a non-binding Memorandum of Understanding (MOU) with Sachin Kulkarni Infrastructure (Vastushodh Group) on July 15, 2016 to discuss modalities for developing a Township Project, on approved Special Township Scheme at its 104 Acre land located at Chakan, Pune in state of Maharashtra.
Autoline Industries and Sharjah Cement & Industrial Development Company Sharjah, have signed the MOU in their capacity as majority shareholders of Autoline Industrial Parks.
Autoline Industries is engaged in the manufacturing of auto components especially sheet metal components, sub-assemblies and assemblies. The company currently has a total of 12 manufacturing facilities.
