Bimetal Bearings shines on starting commercial production of powder plant at Hosur

28 Apr 2021 Evaluate

Bimetal Bearings is currently trading at Rs. 287.00, up by 4.25 points or 1.50% from its previous closing of Rs. 282.75 on the BSE.

The scrip opened at Rs. 308.00 and has touched a high and low of Rs. 308.00 and Rs. 283.25 respectively. So far 421 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 367.95 on 08-Mar-2021 and a 52 week low of Rs. 180.00 on 22-May-2020.

Last one week high and low of the scrip stood at Rs. 308.00 and Rs. 278.05 respectively. The current market cap of the company is Rs. 111.69 crore.

The promoters holding in the company stood at 74.88% and Non-Institutions held 25.12%.

Bimetal Bearings’ newly commissioned powder plant at Hosur (involved in the manufacture of bimetallic powder) has commenced its commercial production with effect from April 27, 2021.

Bimetal Bearings is one of India’s leading manufacturers of Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips.

Bimetal Bearings Share Price

565.10 3.65 (0.65%)
28-Mar-2024 16:01 View Price Chart
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