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Technocraft Industries gains on launching ‘Mach One’ Formwork System

18 Dec 2018 Evaluate

Technocraft Industries (India) is currently trading at Rs. 588.95, up by 7.05 points or 1.21% from its previous closing of Rs. 581.90 on the BSE.

The scrip opened at Rs. 569.00 and has touched a high and low of Rs. 589.00 and Rs. 569.00 respectively. So far 347 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 650.45 on 12-Nov-2018 and a 52 week low of Rs. 480.00 on 28-Jun-2018.

Last one week high and low of the scrip stood at Rs. 594.00 and Rs. 562.00 respectively. The current market cap of the company is Rs. 1421.22 crore.

The promoters holding in the company stood at 73.26%, while Institutions and Non-Institutions held 5.19% and 21.55% respectively.

Technocraft Industries has launched ‘Mach One’ Formwork System, which is a huge addition to the Mach range of scaffolding and formwork system. Mach One formwork system enables construction of monolithic reinforced concrete columns, slabs, beams, stairways and walls.

It offers safe, fast and easy solution for the forming of repeated floor plans, either horizontally (row houses) or vertically (multi-storey apartment buildings). Monolithic formwork system has gained immense popularity in India due to its ease of erection and fast cycle times.

Technocraft Industries (India) is engaged in the manufacturing of drum closures, tubes and scaffoldings, knitted and crocheted cotton fabrics, textile garments, and preparation and spinning of cotton fiber.

Technocraft Inds Share Price

2460.20 -66.00 (-2.61%)
17-Apr-2026 16:59 View Price Chart
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