Mahalaxmi Rubtech is currently trading at Rs. 53.00, up by 0.95 points or 1.83% from its previous closing of Rs. 52.05 on the BSE.
The scrip opened at Rs. 53.85 and has touched a high and low of Rs. 53.90 and Rs. 51.50 respectively. So far 4325 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 70.70 on 24-Apr-2017 and a 52 week low of Rs. 43.00 on 14-Mar-2017.
Last one week high and low of the scrip stood at Rs. 54.15 and Rs. 50.60 respectively. The current market cap of the company is Rs. 60.79 crore.
The promoters holding in the company stood at 67.00%, while Institutions and Non-Institutions held 0.58% and 32.42% respectively.
Mahalaxmi Rubtech is planning diversification and expansion under Technical Textile Segment. The meeting of the Board of Directors of the company will be held on March 03, 2018, to discuss and consider the same.
Mahalaxmi Rubtech is a manufacturer-exporter of rubber textile printing blankets and coated fabrics. The product range of the company includes Textile Printing Blankets, Air Cells, Hydraulic Seats and Rubber Coated Iron Fabrics. The company is also engaged in the business of Rubber Products, Textile Products.