Ramco Industries is currently trading at Rs. 254.00, up by 2.70 points or 1.07% from its previous closing of Rs. 251.30 on the BSE.
The scrip opened at Rs. 253.00 and has touched a high and low of Rs. 254.00 and Rs. 253.00 respectively.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 326.10 on 16-Jan-2018 and a 52 week low of Rs. 197.00 on 09-Mar-2017.
Last one week high and low of the scrip stood at Rs. 261.50 and Rs. 249.00 respectively. The current market cap of the company is Rs. 2,201.24 crore.
The promoters holding in the company stood at 53.92%, while Institutions and Non-Institutions held 4.78% and 41.31% respectively.
Ramco Industries has entered into an agreement with The Ramco Cements for sale of Clinker Grinding Unit situated at Kharagpur, West Bengal. The revenue contribution of the said unit was Rs 30.47 crore (4% of total revenue of Ramco Industries). The company will receive cash consideration of Rs 17 crore as part of the deal.
Ramco Industries is an India-based company, which manufactures Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs). The company’s segments are building products, textile and power generation from wind mills.
