Mercator is currently trading at Rs. 18.00, up by 0.10 points or 0.56% from its previous closing of Rs. 17.90 on the BSE.
The scrip opened at Rs. 18.10 and has touched a high and low of Rs. 18.10 and Rs. 17.50 respectively. So far 11312 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 49.00 on 01-Nov-2017 and a 52 week low of Rs. 15.60 on 28-Sep-2018.
Last one week high and low of the scrip stood at Rs. 18.10 and Rs. 15.75 respectively. The current market cap of the company is Rs. 541.40 crore.
The promoters holding in the company stood at 30.84 % while Institutions and Non-Institutions held 15.48 % and 53.67 % respectively.
Mercator has emerged as the lowest bidder in its bid for reclamation works of South-West cove at Jawahar Dweep vide tender floated by Mumbai Port Trust. The contract value of this job is around Rs 24.50 crore which is expected to be completed over the next 18 months.
The company's dredging division has so far focused on maintenance dredging works and extending its expertise to Land Reclamation and Rock dredging and hence opening new avenues for future growth.
Mercator is one of India's largest private sector Dredging Company. The group has a presence in varied segments namely shipping, offshore services, oil exploration and production, dredging, coal mining/trading and logistics.
Company Name | CMP |
---|---|
Shipping Corpn. | 213.35 |
GE Shipping | 996.35 |
Dredging Corp | 825.30 |
Shreyas Shipping | 285.00 |
Seamec | 1069.00 |
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