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Subros rises on commencing supplies of air conditioning parts to SMG

13 Feb 2017 Evaluate

Subros is currently trading at Rs. 195.60, up by 6.05 points or 3.19% from its previous closing of Rs. 189.55 on the BSE.

The scrip opened at Rs. 190.75 and has touched a high and low of Rs. 203.25 and Rs. 190.75 respectively. So far 31,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 203.25 on 13-Feb-2017 and a 52 week low of Rs. 73.20 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 203.25 and Rs. 184.65 respectively. The current market cap of the company is Rs. 1,170.38 crore.

The promoters holding in the company stood at 40.01%, while Institutions and Non-Institutions held 5.49% and 54.50% respectively.

Subros has started supplies of air conditioning parts to Suzuki Motor Gujarat (SMG) from its Gujarat Plant and is gearing up capacities to cater SMG both current and future requirements.

Subros is the country’s leading manufacturer of thermal products for automotive applications in India. It is a key supplier to Maruti Suzuki India for their Gurugram and Manesar Plants.


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