MSTC is currently trading at Rs. 145.85, up by 3.10 points or 2.17% from its previous closing of Rs. 142.75 on the BSE.
The scrip opened at Rs. 142.75 and has touched a high and low of Rs. 148.90 and Rs. 142.60 respectively. So far 19627 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 184.10 on 13-Nov-2019 and a 52 week low of Rs. 70.40 on 14-Aug-2019.
Last one week high and low of the scrip stood at Rs. 148.90 and Rs. 137.05 respectively. The current market cap of the company is Rs. 1027.84 crore.
The promoters holding in the company stood at 64.75%, while Institutions and Non-Institutions held 11.83% and 23.43% respectively.
Engineers India has appointed MSTC as the selling agent as per the terms of Selling Agency Agreement entered by both the parties on January 15, 2020. The agreement is for disposal of Movable/immovable Items and all surplus Condemned/Scrap/ Obsolete material and secondary arising (ferrous and non- ferrous) as well as equipment, plant, machineries, properties, precious metals and misc. Articles etc. through MSTC’s Auction website.
The agreement will remain valid till either party terminates the agreement by giving advance notice of 3 months to the other party.
MSTC is a Mini Ratna Category-I PSU under the administrative control of the Ministry of Steel, Government of India.
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