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Cerebra gains on receiving nod to start production of e-waste plant in Bangalore

24 May 2017 Evaluate

Cerebra Integrated Technologies is currently trading at Rs. 42.65 up by 2.65 points or 6.63% from its previous closing of Rs. 40.00 on the BSE.

The scrip opened at Rs. 41.95 and has touched a high and low of Rs. 42.65 and Rs. 41.50 respectively. So far 25,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 50.15 on 18-Apr-2017 and a 52 week low of Rs. 11.79 on 03-Aug-2016.

Last one week high and low of the scrip stood at Rs. 43.15 and Rs. 39.75 respectively. The current market cap of the company is Rs. 462.69 crore.

The promoters holding in the company stood at 6.71%, while Institutions and Non-Institutions held 0.99% and 92.29% respectively.

Cerebra Integrated Technologies has received consent from Karnataka State Pollution Control Board to start production for its E-Waste recycling plant setup on a 12 acre land at Narsapura Industrial Area, Old Madras Road. Its operations will include dismantling and segregation of E-Waste for recovery of precious metals like Gold, Silver, Platinum, Palladium and Rhodium.

Further, the company has received all the necessary approvals and will be commencing operations with immediate effect. This would also probably be the only truly integrated E-Waste recovery facility, facilitating complete recovery of the E-Waste, Data Wiping and Destruction Services, Repair, Refurbishing and Re-Marketing Services as also full-fledged Asset management services.

Cerebra Integrated Technologies is a global services provider delivering business solutions that meet the core objectives of its clients. Cerebra has its manufacturing facility in Peenya and ITeS division in Yeshwanthpur, Bangalore that create solutions around specific needs of its esteemed clients. 


Cerebra Integ. Tech Share Price

5.15 0.15 (3.00%)
17-Apr-2026 16:59 View Price Chart
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