Varroc Engineering is currently trading at Rs. 615.00, up by 17.40 points or 2.91% from its previous closing of Rs. 597.60 on the BSE.
The scrip opened at Rs. 601.20 and has touched a high and low of Rs. 620.00 and Rs. 601.20 respectively. So far 948 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 1177.45 on 03-Sep-2018 and a 52 week low of Rs. 565.30 on 18-Feb-2019.
Last one week high and low of the scrip stood at Rs. 631.70 and Rs. 594.90 respectively. The current market cap of the company is Rs. 8290.91 crore.
The promoters holding in the company stood at 85.00%, while Institutions and Non-Institutions held 12.41% and 2.59% respectively.
Varroc Engineering’s wholly owned step-down subsidiary -- Varroc Lighting Systems S.A. Morocco has commenced commercial operations of Phase I of plant located at Tanger Automotive City, Commune Jouamaa, Morocco, with an aim to manufacture and supply Automotive Lighting parts.
The company has commenced commercial operations of the plant with effect from February 26, 2019.
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