Remsons Industries is currently trading at Rs. 83.00, up by 1.50 points or 1.84% from its previous closing of Rs. 81.50 on the BSE.
The scrip opened at Rs. 82.00 and has touched a high and low of Rs. 83.00 and Rs. 82.00 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 119.00 on 26-Aug-2020 and a 52 week low of Rs. 43.20 on 13-Mar-2020.
Last one week high and low of the scrip stood at Rs. 85.05 and Rs. 81.00 respectively. The current market cap of the company is Rs. 47.42 crore.
The promoters holding in the company stood at 75.00%, while Non-Institutions held 25.00% stake in the company.
Remsons Industries has incorporated a wholly owned subsidiary company on November 10, 2020 namely, ‘REMSONS UK’ as a private limited company, limited by shares registered with The Registrar of Companies for England and Wales, having its registered office at Hygeia Building, Rear Ground Floor, 66-68 College Road, Harrow, Middlesex, HA1 1BE, UNITED KINGDOM under the UK Companies Act, 2006.
Remsons Industries is engaged in the manufacture of cables, flexible shafts, gear shift systems, push pull cables and park brake mechanisms. The product range of the company includes Cables- The company manufactures cables for two-wheelers, three-wheelers, four-wheeler, commercial vehicles, construction equipments, mining equipment and farm equipments.
