EMCO is currently trading at Rs. 34.05, up by 2.40 points or 7.58% from its previous closing of Rs. 31.65 on the BSE.
The scrip opened at Rs. 33.50 and has touched a high and low of Rs. 34.50 and Rs. 32.05 respectively. So far 7, 37,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 42.65 on 22-Feb-2012 and a 52 week low of Rs. 20.45 on 31-Aug-2012.
Last one week high and low of the scrip stood at Rs. 32.65 and Rs. 28.25 respectively. The current market cap of the company is Rs. 221 crore.
The promoters holding in the company stood at 43.42% while Institutions and Non-Institutions held 6.58% and 50.00% respectively.
EMCO, one of the leading Indian electrical goods manufacturing company and an end to end solution provider in power transmission and distribution sector, has bagged an order from PowerGrid Corporation of India worth Rs 458 crore. As per the order EMCO has to execute 800 kv HVDC transmission line tower package TW-05 from Champa to Kurukshetra. This transmission line will carry 6000 MW power from power generating stations in Chhattisgarh to Northern Grid.
EMCO is engaged in manufacturing of transformers, transmission towers, meters and also works as Engineering, Procurement & Construction (EPC) contractor providing services in Transmission & Distribution (T&D) segment.
