LGB Forge touches roof on commencing machining operations

25 Jun 2018 Evaluate

LGB Forge is locked at upper circuit limit to Rs. 1.76, up by 0.08 points or 4.76% from its previous closing of Rs. 1.68 on the BSE.

The scrip opened at Rs. 1.76 and has touched a high and low of Rs. 1.76 and Rs. 1.76 respectively. So far 2942 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 4.08 on 20-Apr-2018 and a 52 week low of Rs. 1.67 on 22-Jun-2018.

Last one week high and low of the scrip stood at Rs. 1.93 and Rs. 1.67 respectively. The current market cap of the company is Rs. 26.40 crore.

The promoters holding in the company stood at 64.17%, while Institutions and Non-Institutions held 0.01% and 35.83% respectively.

LGB Forge has commenced machining operations in the New Unit at Pudhucherry.

LGB Forge is engaged in manufacturing of cold and hot forged components, and machined components. The company is engaged in manufacturing auto, electrical and transmission forged components for automobiles, non-automotive segments, such as valve industry and infrastructure equipment industry, including machining for customers in automotive, off-road and non-automotive segments.

LGB Forge Share Price

8.97 -0.18 (-1.97%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Bharat Forge 1135.00
CIE Automotive India 461.20
Ramkrishna Forgings 691.05
MM Forgings 882.85
Happy Forgings 897.00
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