Ador Welding is currently trading at Rs. 140.00, up by 7.20 points or 5.42% from its previous closing of Rs. 132.80 on the BSE.
The scrip opened at Rs. 137.45 and has touched a high and low of Rs. 144.95 and Rs. 137.45 respectively. So far 17954 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 203.45 on 22-Jul-2011 and a 52 week low of Rs. 108.80 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 144.95 and Rs. 132.00 respectively. The current market cap of the company is Rs. 192.08 crore.
The promoters holding in the company stood at 56.68% while Institutions and Non-Institutions held 11.46% and 31.85% respectively.
Ador Welding has reported results for fourth quarter ended March 31, 2012.
On the standalone basis, the company has posted a rise of 20.47% in its net profit at Rs 9.18 crore for the quarter ended March 31, 2012 as compared to Rs 7.62 crore for the same quarter in the previous year. Total income has increased by 21.53% at Rs 111.26 crore for quarter under review as compared to Rs 91.55 crore for the quarter ended March 31, 2011
Ador Welding (AWL) was incorporated in 1951 with an objective to offer finest range of welding consumables and equipment. AWL has also made large investments in project engineering and manufacturing of power generators and alternators.
