Precision Camshafts is currently trading at Rs. 120.00, up by 2.95 points or 2.52% from its previous closing of Rs. 117.05 on the BSE.
The scrip opened at Rs. 118.50 and has touched a high and low of Rs. 122.85 and Rs. 118.00 respectively. So far 8,585 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 166.50 on 01-Mar-2017 and a 52 week low of Rs. 102.95 on 06-Feb-2018.
Last one week high and low of the scrip stood at Rs. 122.85 and Rs. 110.95 respectively. The current market cap of the company is Rs. 1,131.46 crore.
The promoters holding in the company stood at 63.88%, while Institutions and Non-Institutions held 14.25% and 21.88% respectively.
Precision Camshafts has won additional contracts worth Rs 275 crore from original equipment manufacturers (OEMs) for fully-machined camshafts.
The company has bagged Rs 190 crore contract from Ford for 1.5 million camshafts. It has also received a Rs 50 crore order from M&M and a Rs 35 crore order from General Motors for 0.5 million each.
Precision Camshafts is one of the world’s leading manufacturers and supplier of camshafts, a critical engine component, in the passenger vehicle segment based on its estimated global market share by volume.
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