Kabra Extrusiontechnik is currently trading at Rs. 135.50, up by 3.65 points or 2.77% from its previous closing of Rs. 131.85 on the BSE.
The scrip opened at Rs. 130.05 and has touched a high and low of Rs. 137.00 and Rs. 130.05 respectively. So far 4821 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 168.00 on 13-Jun-2017 and a 52 week low of Rs. 96.05 on 21-Nov-2016.
Last one week high and low of the scrip stood at Rs. 147.70 and Rs. 130.50 respectively. The current market cap of the company is Rs. 427.49 crore.
The promoters holding in the company stood at 56.18%, while Institutions and Non-Institutions held 0.11% and 43.72% respectively.
Kabra Extrusiontechnik has received an approval to form a Joint Venture (JV) with Mecanor OY, Finland (MO) to manufacture Belling Machines in India with MO technology through Joint Venture Company to be incorporated. The Board of Directors of the company at their meeting held on September 13, 2017, has approved the same.
Kabra Extrusiontechnik (KET), a part of Kolsite group is a leading manufacturer of plastic extrusion machinery in India.
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