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Rajratan Global Wire trades jubilantly on acquiring 100% stake in Cee Cee Engineering

27 Jul 2016 Evaluate

Rajratan Global Wire is currently trading at Rs. 445.00, up by 60.20 points or 15.64% from its previous closing of Rs. 384.80 on the BSE.

The scrip opened at Rs. 428.00 and has touched a high and low of Rs. 455.00 and Rs. 425.00 respectively. So far 26108 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 455.00 on 27-Jul-2016 and a 52 week low of Rs. 82.10 on 28-Sep-2015.

Last one week high and low of the scrip stood at Rs. 449.00 and Rs. 304.00 respectively. The current market cap of the company is Rs. 189.30 crore.

The promoters holding in the company stood at 62.28%, while Institutions and Non-Institutions held 0.02% and 37.69% respectively.

Rajratan Global Wire has received an approval to acquire 100% shares of Cee Cee Engineering Industries. The board of directors at its meeting held on July 26, 2016 has approved for the same.

Rajratan Global Wire is one of the leading manufacturers of high carbon steel wire in India - specializing in automotive tyre bead wire, high quality spring & rope wires.

Rajratan Global Wire Share Price

429.25 9.10 (2.17%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 125.00
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Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
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