Nitin Fire Protection Industries is currently trading at Rs. 117.65, up by 8.05 points or 7.34% from its previous closing of Rs. 109.60 on the BSE.
The scrip opened at Rs. 106.60 and has touched a high and low of Rs. 122.25 and Rs. 106.10 respectively. So far 5,77,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 362.00 on 03-Nov-2010 and a 52 week low of Rs. 57.20 on 09-Feb-2011.
Last one week high and low of the scrip stood at Rs. 133.90 and Rs. 99.40 respectively. The current market cap of the company is Rs. 741.00 crore.
The promoters holding in the company stood at 70.27% while Institutions and Non-Institutions held 13.04% and 16.69% respectively.
Nitin Fire Protection Industries has informed that the board of directors of the company at its meeting held on August 11, 2011, has approved the followings - board of directors of the company has recommended to issue bonus shares in the proportion of 5 bonus share for every 2 existing fully paid up equity share and the extra ordinary general meeting of the company to be held on October 14, 2011. The above information is part of the company’s filing submitted to the BSE.
Nitin Fire Protection Industries is a leading fire protection, safety, securities and intelligent building management system, high pressure seamless cylinders and refueling Systems Company in India.