Vindhya Telelinks is currently trading at Rs. 1140.05, up by 28.35 points or 2.55% from its previous closing of Rs. 1111.70 on the BSE.
The scrip opened at Rs. 1130.25 and has touched a high and low of Rs. 1159.85 and Rs. 1125.00 respectively. So far 1997 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1183.75 on 04-Sep-2017 and a 52 week low of Rs. 510.65 on 29-Sep-2016.
Last one week high and low of the scrip stood at Rs. 1183.75 and Rs. 1101.00 respectively. The current market cap of the company is Rs. 1367.53 crore.
The promoters holding in the company stood at 43.52%, while institutions and non-institutions held 12.66% and 43.82% respectively.
Vindhya Telelinks is planning to raise Rs 50 crore through issuance of Bonds / Redeemable Non-Convertible Debentures (NCDs) / other debt securities on private placement basis. In this regard, the company’s board will meet on September 15, 2017.
Vindhya Telelinks is engaged in the manufacture of cables and engineering, procurement and construction (EPC). The company is engaged in the business of manufacturing and sale of telecommunication cables, other types of wires and cables, fiber reinforced plastic (FRP) rods/glass rovings and connectorized cable products.