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CMC trades in pink of its health on the bourses

04 Dec 2012 Evaluate

CMC is currently trading at Rs 1153.20, up by 7.10 points or 0.62% from its previous closing of Rs 1146.10 on the BSE.

The scrip opened at Rs 1152.00 and has touched a high and low of Rs 1166.00 and Rs. 1152.00 respectively. So far 686 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 1191.65 on 15-Oct-2012 and a 52 week low of Rs 685.00 on 18-May-2012.

Last one week high and low of the scrip stood at Rs 1163.95 and Rs 1087.00 respectively. The current market cap of the company is Rs 3504.04 crore.

The promoters holding in the company stood at 51.12% while Institutions and Non-Institutions held 40.21% and 8.67% respectively.

CMC has received Best Business Process Excellence Program award at the Global Awards for Excellence in Quality Management and Leadership. The award was presented at the World Quality Congress held on November 22 at Taj Lands End, Mumbai.

The Global Awards for Excellence in Quality Management and Leadership is about creating and sustaining a competitive advantage through product and service delivery excellence and continuous customer value creation. The Awards set a benchmark for Total Quality Management and Business Excellence; nurturing an organizational culture around corporate values and governance and continuous improvement through innovation is essential, resulting in business transformation and growth. The awards indentify and reward professional and organizations for their super relative achievements.

CMC is leading system engineering and Integration Company in India and is a subsidiary of Tata Consultancy Services, Asia’s largest software company. Operating out of 18 offices and 180 services locations in the country, CMC employs over 10,000 people and has a wholly owned subsidiary in USA called CMC Americas, Inc.

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