Cords Cable Industries is currently trading at Rs. 44.95, up by 1.60 points or 3.69% from its previous closing of Rs. 43.35 on the BSE.
The scrip opened at Rs. 42.80 and has touched a high and low of Rs. 45.65 and Rs. 42.80 respectively. So far 1029 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 71.50 on 15-Jan-2019 and a 52 week low of Rs. 35.15 on 23-Aug-2019.
Last one week high and low of the scrip stood at Rs. 46.25 and Rs. 40.25 respectively. The current market cap of the company is Rs. 56.04 crore.
The promoters holding in the company stood at 51.58%, while Institutions and Non-Institutions held 0.70% and 47.72% respectively.
Cords Cable Industries has received approval from a Japanese Engineering Consultancy & Contracting major for their Indian subsidiary. This approval enables Cords Cable Industries to participate in future bids for supplying qualified products to the said Engineering Consultancy & Contracting major, where cables supplied by CORDS will have applications at various industrial facilities including Oil & Gas Processing, Refineries, Petrochemicals, Fertilizers, Cryogenics, Power, Water, Infrastructure and Industrial solutions, among others in India.
Cords Cable Industries is in the business of providing cost-effective and quality solutions for various electrical connectivity requirements.
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