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Cords Cable zooms on bagging 3 bulk orders worth Rs 40 crore

Cords Cable Industries Ltd. | Cable | Capital Goods & Industrial Consumables | BSE: 532941 | NSE: CORDSCABLE

29 May 2018 Evaluate

Cords Cable Industries is currently trading at Rs. 84.35, up by 6.05 points or 7.73% from its previous closing of Rs. 78.30 on the BSE.

The scrip opened at Rs. 80.00 and has touched a high and low of Rs. 84.95 and Rs. 80.00 respectively. So far 3151 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 153.50 on 06-Nov-2017 and a 52 week low of Rs. 71.25 on 22-May-2018.

Last one week high and low of the scrip stood at Rs. 84.95 and Rs. 71.50 respectively. The current market cap of the company is Rs. 105.43 crore.

The promoters holding in the company stood at 51.42%, while Institutions and Non-Institutions held 0.59% and 47.99% respectively.

Cords Cable Industries has been awarded 3 bulk contracts towards designing, engineering & supplying of Fire Resistant Signal Cables, Conventional Type instrumentation Cables and Power Cables to be used in the Hydrocarbon sector in the states of Haryana, Assam and Gujarat. The combined total estimated value of the said contracts is Rs 40 crore. The contracts are scheduled to commence immediately and shall be executed over a period of 5 months.

Cords Cable Industries enjoys strong brand equity in the B2B segment. The company's focus on maintaining highest standards of quality has enabled it to develop & maintain long term relationships with its clients. Cords Cable Industries has also exported its products to about 45 countries, thus signifying that CORDS is a preferred brand for Specialized cables.

Cords Cable Industries is in the business of providing cost-effective and quality solutions for various electrical connectivity requirements.

Cords Cable Inds Share Price

160.00 -2.70 (-1.66%)

13-Apr-2026 12:09 View Price Chart

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Cords Cable zooms on bagging 3 bulk orders worth Rs 40 crore

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