Menon Pistons is currently trading at Rs. 28.90, up by 0.20 points or 0.70% from its previous closing of Rs. 28.70 on the BSE.
The scrip opened at Rs. 28.70 and has touched a high and low of Rs. 29.50 and Rs. 28.55 respectively. So far 37403 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 31.60 on 11-Jun-2021 and a 52 week low of Rs. 10.00 on 03-Aug-2020.
Last one week high and low of the scrip stood at Rs. 29.75 and Rs. 26.65 respectively. The current market cap of the company is Rs. 148.92 crore.
The promoters holding in the company stood at 74.37%, while Institutions and Non-Institutions held 0.42% and 25.21% respectively.
Menon Pistons has now acquired all the shares of Rapid Machining Technologies by transfer of 4,49,273 Equity shares of Rs 10 each which amounts to 100% of the paid up capital, in the name of the Company. Rapid Machining Technologies is now a wholly owned subsidiary of the Company.
Menon Pistons is an India-based company. The Company is manufacturer of auto components, such as aluminum alloy pistons, gudgeon pins and piston rings for passenger cars (diesel and gasoline), heavy and light commercial vehicles, heavy duty diesel engines for power generation, off highway vehicles, and compressors.
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