RMC Switchgears is currently trading at Rs. 29.90, up by 0.10 points or 0.34% from its previous closing of Rs. 29.80 on the BSE.
The scrip opened at Rs. 27.50 and has touched a high and low of Rs. 29.90 and Rs. 27.50 respectively. So far 6000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 57.25 on 13-Mar-2019 and a 52 week low of Rs. 24.70 on 29-Aug-2019.
Last one week high and low of the scrip stood at Rs. 29.90 and Rs. 26.20. The current market cap of the company is Rs. 18.22 crore.
The promoters holding in the company stood at 56.27%, while Non-Institutions held 43.73% stake in the company.
RMC Switchgears has received an approval for divestment of 100% of equity investment held by the company in its wholly owned subsidiary Explora IOT Solutions (not a material subsidiary) to Ashok Kumar Agarwal and Neha Agrawal. The Board of Directors of the company in their meeting held on September 25, 2019, approved the same.
RMC Switchgears is primarily engaged in the business of designing and manufacturing of, Enclosures of Energy Meters, LT/HT Distribution Boxes and Panels, Junction Boxes, Feeder Pillars and other Power Distribution and Circuit Protection Switchgears made from Mild Steel, Stainless Steel in Fabrication and Deep Drawn Process along with Sheet Moulding Compound and Bulk Moulding Compound (DMC) materials.
Company Name | CMP |
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Siemens | 7024.50 |
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Apar Inds | 7810.00 |
ABB India | 8188.95 |
CG Power & Indl.Soln | 630.40 |
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