Sturdy Industries is currently trading at Rs. 3.10, up by 0.14 points or 4.73% from its previous closing of Rs. 2.96 on the BSE.
The scrip opened at Rs. 3.00 and has touched a high and low of Rs. 3.10 and Rs. 2.96 respectively. So far 39,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 5.40 on 09-Sep-2011 and a 52 week low of Rs. 2.30 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 3.10 and Rs. 2.87 respectively. The current market cap of the company is Rs. 16 crore.
The promoters holding in the company stood at 55.67% while Non-Institutions held 44.33% respectively.
Sturdy Industries has secured two orders aggregating Rs 134.54 crore. The company has received first order worth Rs 91.54 crore for supply of Aluminium Conductors from Power Grid Corporation of India (PGCIL) on July 12, 2012.
Separately, the company has secured second order worth Rs 43.00 crore from Punjab State Transmission Corporation of India on July 16, 2012.
Sturdy Industries incorporated in 1989, conducts business in the primary segments of pipes and fittings, asbestos cement sheets, and aluminum composite sheets. The company’s manufacturing facilities are located at Parwanoo & Baddi (Himachal Pradesh) and Derabassi (Punjab).
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