Gujarat Automotive Gears is currently trading at Rs. 315.00, up by 3.55 points or 1.14% from its previous closing of Rs. 311.45 on the BSE.
The scrip opened at Rs. 307.35 and has touched a high and low of Rs. 315.00 and Rs. 307.35 respectively. So far 103 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 367.45 on 26-Apr-2017 and a 52 week low of Rs. 164.00 on 30-Dec-2016.
Last one week high and low of the scrip stood at Rs. 340.50 and Rs. 303.50 respectively. The current market cap of the company is Rs. 54.50 crore.
The promoters holding in the company stood at 57.85%, while institutions and non-institutions held 0.16% and 41.99% respectively.
Gujarat Automotive Gears has received the National Company Law Tribunal’s (NCLT) approval for the scheme of amalgamation of Him Teknoforge with itself and their respective shareholders on December 04, 2017. The Scheme will become effective upon filing of the Certified Copy of Order of the NCLT with Registrar of Companies, Himachal Pradesh.
Gujarat Automotive Gears is manufacturer of auto and tractor components. The primary products of the company are transmission gears, axle shafts, propeller shaft components, king pin units, wheel spanners, tractor components, etc.
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