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Aksh Optifibre gains momentum on obtaining approval for raising $20 million

01 Jan 2013 Evaluate

Aksh Optifibre is currently trading at Rs 17.50, up by 0.50 points or 2.94% from its previous closing of Rs.17.00 on the BSE.

The scrip opened at Rs 17.45 and has touched a high and low of Rs 18.00 and Rs 17.05 respectively. So far 26488 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 5 has touched a 52 week high of Rs 19.50 on 20-Nov-2012 and a 52 week low of Rs 6.00 on 10-Jan-2012.

Last one week high and low of the scrip stood at Rs 17.95 and Rs 16.60 respectively. The current market cap of the company is Rs 257.76 crore.

The promoters holding in the company stood at 29.39% while Institutions and Non-Institutions held 0.67% and 56.03% respectively.

Aksh Optifibre has received an approval for raising $20 million from overseas markets. The board at its meeting held on December 31, 2012 has approved the same.

Aksh Optifibre is engaged in the production of a variety of cables such as - SingleMode & MultiMode Cables, Duct Cables, Armoured & Aerial Cables, Indoor Outdoor Cables. The company has also the facilities of producing ribbon Fibre Optic.

Aksh Optifibre Share Price

5.77 0.10 (1.76%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Polycab India 8194.50
KEI Industries 4877.80
RR Kabel Ltd. 1470.05
Finolex Cables 945.05
Precision Wire India 365.05
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