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Narayani Steels gains on the bourses

20 May 2019 Evaluate

Narayani Steels is currently trading at Rs. 30.00, up by 0.15 points or 0.50 % from its previous closing of Rs. 29.85 on the BSE.

The scrip opened at Rs. 32.00 and has touched a high and low of Rs. 35.00 and Rs. 25.00 respectively. So far 433 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 54.00 on 31-May-2018 and a 52 week low of Rs. 23.20 on 02-May-2019.

Last one week high and low of the scrip stood at Rs. 35.00 and Rs. 23.35 respectively. The current market cap of the company is Rs. 32.73 crore.

The promoters holding in the company stood at 53.30%, while Non-Institutions held 46.70% stake in the company.

Narayani Steels has been recognized as the best performer in the manufacturer segment for the year 2018-19 in Andhra Pradesh region at All India Customers Meet-2019.

Narayani Steels is engaged in trading and manufacturing of hot rolled long products of value added steel. The company primarily trade in blooms, billets, TMT bars, pellets, etc and also manufacture TMT bars and other long products such as rounds, flats, angles, channels, etc.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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