Arfin India is currently trading at Rs. 485.00, up by 15.95 points or 3.40% from its previous closing of Rs. 469.05 on the BSE.
The scrip opened at Rs. 477.10 and has touched a high and low of Rs. 485.00 and Rs. 477.10 respectively. So far 457 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 597.00 on 15-Feb-2018 and a 52 week low of Rs. 133.20 on 15-Mar-2017.
Last one week high and low of the scrip stood at Rs. 492.80 and Rs. 437.10 respectively. The current market cap of the company is Rs. 566.35 crore.
The promoters holding in the company stood at 72.68%, while Non-Institutions held at 27.32%.
Arfin India has received approval from National Company Law Tribunal (NCLT) for the scheme of amalgamation. NCLT, Ahmedabad Bench, has sanctioned the scheme of amalgamation of Mahendra Aluminium with Arfin India. The company has received the certified copy of the order dated March 8, 2018 sanctioning the scheme.
Arfin India is leading manufacturer, supplier and exporter of Aluminium Wire, Aluminium Wire Rod, Flipped Coil Aluminium Wire Rod, Aluminium Alloy Wire Rod, Ferro Alloy Product, Aluminium Stick, Aluminium Cube, Aluminium Shot, Aluminium Ingot and Aluminium Alloy Ingot.