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International Combustion shines on resuming operations at Aurangabad unit

24 Jul 2020
International Combustion (India) is currently trading at Rs. 190.00, up by 23.50 points or 14.11% from its previous closing of Rs. 166.50 on the BSE.

The scrip opened at Rs. 170.05 and has touched a high and low of Rs. 191.00 and Rs. 170.05 respectively. So far 4923 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 267.00 on 20-Jan-2020 and a 52 week low of Rs. 91.25 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 191.00 and Rs. 121.60 respectively. The current market cap of the company is Rs. 44.22 crore.

The promoters holding in the company stood at 52.79%, while Institutions and Non-Institutions held 0.04% and 47.17% respectively.

International Combustion (India) has resumed operations at the Geared Motors & Gear Boxes manufacturing unit of at Aurangabad, Maharashtra with effect from July 19, 2020.

Earlier, the company had temporary shut down operations at the said manufacturing unit for the period of nine days from July 10, 2020 to July 18, 2020, due to the lockdown enforced by the local Government at Aurangabad for containment of COVID-19 Global Pandemic.

International Combustion (India) is an India-based company. The Company operates in two segments: mineral and material processing and handling equipment, and gear box and geared motor drive system.

Related International Combustion (India) Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323