Kavveri Telecom Products is currently trading at Rs. 225.80, up by 16.75 points or 8.01 % from its previous closing of Rs. 209.05 on the BSE.
The scrip opened at Rs. 209.05 and has touched a high and low of Rs. 232.40 and Rs. 201.10 respectively. So far 58068 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 255.00 on 09-Jul-2012 and a 52 week low of Rs. 118.00 on 26-Aug-2011.
Last one week high and low of the scrip stood at Rs. 255.00 and Rs. 195.15 respectively. The current market cap of the company is Rs. 451.79 crore.
The promoters holding in the company stood at 32.15% while Institutions and Non-Institutions held 31.57% and 36.28% respectively.
In order to broaden the market base of Kavveri group of companies, Kavveri Telecom Products has incorporated a wholly owned subsidiary company with name and style - Kavveri Technologies Asia at Singapore as per the applicable norms and regulations of the registrar of companies and businesses, Singapore.
Kavveri Telecom Products is currently a leading manufacturer of RF Products and Antennas in India. The company has a major market control in RF products and antennas. The company’s customers include all the leading operators and OEMS including Ericsson, Alcatel Lucent, Nokia Siemens Networks, RCom, Airtel, Vodafone, Idea, Aircel, BSNL to name a few.
