Cords Cable Industries is currently trading at Rs. 48.55, up by 2.15 points or 4.63% from its previous closing of Rs. 46.40 on the BSE.
The scrip opened at Rs. 47.30 and has touched a high and low of Rs. 49.00 and Rs. 46.90 respectively. So far 3116 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 70.00 on 16-Apr-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. 53.00 and Rs. 46.00 respectively. The current market cap of the company is Rs. 61.15 crore.
The promoters holding in the company stood at 51.59%, while Institutions and Non-Institutions held 0.73% and 47.69% respectively.
Cords Cable Industries has secured a prestigious order estimated at approximately Rs 22 crore (gross of GST) from an Indian arm of a Taiwan based Engineering, Procurement and Construction (EPC) services major. The order is for the supply of Instrument Cables & Wires to an LNG Project in the state of Odisha and is scheduled to be executed by April 30, 2020.
Cords Cable Industries is in the business of providing cost-effective and quality solutions for various electrical connectivity requirements.
| Company Name | CMP |
|---|---|
| Polycab India | 7724.75 |
| KEI Industries | 4461.10 |
| RR Kabel Ltd. | 1397.35 |
| Finolex Cables | 846.65 |
| Precision Wire India | 340.65 |
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