Steelco Gujarat is locked at upper circuit limit at Rs. 9.55, up by 0.45 points or 4.95% from its previous closing of Rs. 9.10 on the BSE.
The scrip opened at Rs. 9.55 and has touched a high and low of Rs. 9.55 and Rs. 9.55 respectively. So far 25,140 shares were traded on the counter.
The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 13.00 on 17-May-2017 and a 52 week low of Rs. 3.70 on 10-Jun-2016.
Last one week high and low of the scrip stood at Rs. 10.06 and Rs. 8.86 respectively. The current market cap of the company is Rs. 40.65 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.06% and 24.94% respectively.
Steelco Gujarat has commenced commercial production of new Colour Coating Line (CCL) with effect from June 01, 2017 to introduce new product, viz. Pre-Painted Galvanized Iron (PPGI) coils and sheets and with this, capacity addition in operations will be 60,000 MT per annum for annual thickness of 0.30 mm x 1220 mm steel.
Steelco Gujarat is engaged in the manufacturing of galvanized plain (GP)/galvanized corrugated (GC) coil sheets, and cold rolled (CR) coils and sheets.
