CMI is currently trading at Rs. 144.20, up by 5.10 points or 3.67% from its previous closing of Rs. 139.10 on the BSE.
The scrip opened at Rs. 140.80 and has touched a high and low of Rs. 148.90 and Rs. 140.00 respectively. So far 8758 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 371.60 on 27-Apr-2018 and a 52 week low of Rs. 115.50 on 11-Oct-2018.
Last one week high and low of the scrip stood at Rs. 148.90 and Rs. 122.30 respectively. The current market cap of the company is Rs. 216.70 crore.
The promoters holding in the company stood at 43.55%, while Institutions and Non-Institutions held 16.15% and 40.30% respectively.
The company has got production clearance for their Overseas Project to supply of LT XLPE and HT XPLE cables to a tune of Rs 79 crore
CMI has got production clearance for BHEL export order for their Overseas Project to supply of LT XLPE and HT XPLE cables to a tune of Rs 79 crore, to be executed in next 4 months time from its plant located at Baddi- Himachal Pradesh.
This is for the first time CMI has bagged such a big order from BHEL for their overseas project. The company is already on the growth trajectory and sure of making a strong presence in the SAARC region.
CMI is a supplier of cable accessories, cables, conductor cables, electric cable accessories, equipment, and machinery.