SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Stovec Industries gains on getting nod for sale of assets

06 Apr 2018 Evaluate

Stovec Industries is currently trading at Rs. 2977.00, up by 4.85 points or 0.16% from its previous closing of Rs. 2972.15 on the BSE.

The scrip opened at Rs. 3020.00 and has touched a high and low of Rs. 3020.00 and Rs. 2977.00 respectively. So far 44 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 3874.95 on 03-Nov-2017 and a 52 week low of Rs. 2389.95 on 24-May-2017.

Last one week high and low of the scrip stood at Rs. 3049.95 and Rs. 2956.15 respectively. The current market cap of the company is Rs. 626.40 crore.

The promoters holding in the company stood at 71.06%, while Institutions and Non-Institutions held 1.32% and 27.62% respectively.

Stovec Industries’ Board has approved the sale of the identified assets (production assets and intangibles relating to the sugar screens business) of the company.
The Board has approved the assignment of the trademark ‘Atul’ to Atul Sugar Screens (ASSPL), a fellow subsidiary of the company. The Board has also approved a proposal for entering into a contract manufacturing an agreement with ASSPL.

The Board of Directors of the company at its meeting held on April 5, 2018 and has approved the same.

Stovec Industries is an India-based company, which is engaged in the development and production of consumables for their use in textile and graphic printing industry.

Stovec Inds Share Price

2005.30 39.50 (2.01%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
LMW 14357.85
Stovec Inds 2005.30
Harish Textile Engin 69.90
Veejay Lakshmi Engg 37.83
Meera Industries 59.68
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×