IMP Powers is locked at upper circuit at Rs. 125.25, up by 5.95 points or 4.99% from its previous closing of Rs. 119.30 on the BSE.
The scrip opened at Rs. 125.25 and has touched a high and low of Rs. 125.25 and Rs. 125.25 respectively. So far 1,611 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 130.25 on 27-Dec-2017 and a 52 week low of Rs. 71.80 on 23-Aug-2017.
Last one week high and low of the scrip stood at Rs. 125.25 and Rs. 116.60 respectively. The current market cap of the company is Rs. 108.17 crore.
The promoters holding in the company stood at 52.99%, while Institutions and Non-Institutions held 1.11% and 45.90% respectively.
IMP Powers has entered into a license agreement for 20 years with Smart Hydro Power GmbH - a German Company establishing an exclusive right for manufacturing the turbines and exhibiting Smart free Stream and Smart Monofloat under its own brand name in the License territory i.e. India, Laos, Nepal, Bhutan, Sri Lanka, Eastern Africa. Smart Hydro Power GmbH has chosen to give the exclusive rights of its proprietary products and technologies to the company as per the Terms and Conditions mentioned in the License Agreement.
IMP Powers is a listed transformer manufacturing company and a market leader of up to 400kV class transformers. Smart Hydro Power, a German engineering company having won several awards for its smart products, focuses on providing decentralized energy solutions.
