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Signet Industries surges on bagging orders worth Rs 130 crore from various companies

19 Feb 2019 Evaluate

Signet Industries is currently trading at Rs. 40.00, up by 0.45 points or 1.14% from its previous closing of Rs. 39.55 on the BSE.

The scrip opened at Rs. 42.80 and has touched a high and low of Rs. 42.80 and Rs. 40.00 respectively. So far 1150 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 89.00 on 19-Feb-2018 and a 52 week low of Rs. 30.10 on 10-Oct-2018.

Last one week high and low of the scrip stood at Rs. 42.80 and Rs. 38.25 respectively. The current market cap of the company is Rs. 116.42 crore.

The promoters holding in the company stood at 70.74%, while Non-Institutions held 29.26%.

Signet Industries has received orders worth Rs 130 crore recently from various companies like L&T, Shapoorji Pallonji and Company, Future Infrastructure & Development, Megha Engineering & Infrastructures, NCC, GA Infra, offshore Infrastructures among others.

These orders are for high pressure pipelines to be used in various infrastructure projects in the states of Madhya Pradesh, Rajasthan and Orissa. Supplies for these orders have started and the company shall complete well within contracted time period.

Signet Industries is engaged in manufacturing of plastic products and whole sale trade of chemicals & plastic materials.

Signet Industries Share Price

52.24 1.72 (3.40%)
21-Apr-2026 16:59 View Price Chart
Peers
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