Honeywell Automation India is currently trading at Rs. 2610.00, up by 5.60 points or 0.22 % from its previous closing of Rs. 2604.40 on the BSE.
The scrip opened at Rs. 2545.00 and has touched a high and low of Rs. 2644.55 and Rs. 2545.00 respectively. So far 6262 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 3391.80 on 19-Nov-2012 and a 52 week low of Rs. 1687.00 on 02-Jan-2012.
Last one week high and low of the scrip stood at Rs. 2875.30 and Rs. 2230.00 respectively. The current market cap of the company is Rs. 2298.80 crore.
The promoters holding in the company stood at 81.24 % while Institutions and Non-Institutions held 5.49 % and 13.27 % respectively.
In a bid to comply with the minimum public shareholding norms as per SEBI, Industrial solutions provider Honeywell Automation India’s promoter Honeywell Asia Pacific Inc. has offloaded 6.24 per cent stake or 551,333 equity shares in the company for about Rs 130 crore.
Post the transaction, the promoter’s stake in the company will come down to the required level of 75% from 81.24%.
Honeywell Automation India is a leading provider of integrated automation and software solutions that improve productivity enhance comfort and ensure safety and security of homes and business premises.