Oriental Veneer Products trades marginally high on the bourses

25 Jul 2016

Oriental Veneer Products is currently trading at Rs. 924.95, up by 4.95 points or 0.54% from its previous closing of Rs. 920.00 on the BSE.

The scrip opened at Rs. 938.00 and has touched a high and low of Rs. 938.00 and Rs. 919.70 respectively. So far 2955 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 1040.00 on 11-Mar-2016 and a 52 week low of Rs. 524.00 on 06-Jan-2016.

Last one week high and low of the scrip stood at Rs. 949.00 and Rs. 915.40 respectively. The current market cap of the company is Rs. 498.49 crore.

The promoters holding in the company stood at 54.21%, while Institutions hold 45.79% respectively.

Oriental Veneer Products’ subsidiary - Oriental Foundry has received purchase orders as on June 30, 2016 from the Indian Railways & Registered vendors of Indian Railways. The cumulative estimated value of orders is Rs 12.86 crore.

Oriental Veneer Products is a public limited company and promoted by the Mithiborwala group. The group is actively involved and engaged in the manufacture of wood based resin impregnated densified laminated boards (Compreg) for over 30 years now.

Related Oriental Rail Infrastructure Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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