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20 Microns is currently trading at Rs. 151.50, up by 0.65 points or 0.43% from its previous closing of Rs. 150.85 on the BSE.
The scrip opened at Rs. 152.00 and has touched a high and low of Rs. 154.80 and Rs. 151.10 respectively. So far 81,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 172.40 on 06-Nov-2012 and a 52 week low of Rs. 60.00 on 16-Jan-2012.
Last one week high and low of the scrip stood at Rs. 160.95 and Rs. 147.95 respectively. The current market cap of the company is Rs. 217 crore.
The promoters holding in the company stood at 61.91% while Institutions and Non-Institutions held 0.73% and 37.36% respectively.
20 Microns has received an approval for raising of fund for its expansion projects in domestic as well as international markets, by way of further issue of securities up to the value of Rs 30 crore in Domestic/International markets through various instruments including issue of equity shares/ preference shares/ warrants/ convertible debentures under qualified institutional placements (QIP) or private equity or any other forms of capital raising instruments.
The board at its meeting held on January 08, 2013 has approved for the same subject to all necessary approval(s), including that of the shareholders of the company.
The board has also approved to transfer the undertakings of the company by way of slump sale, associated with mineral products viz. Calcined Clay, China Clay and Talc to Silicate Minerals (I) (or such other name as may be approved by the Registrar of Companies in this regard), a wholly-owned subsidiary, subject necessary approvals including all license, permits, consents and approvals whatsoever on a going concern basis.
20 Microns is the largest producer of white minerals in India. The company’s products are used in areas such as paints, coating and printing ink, adhesives, plastics, ceramic, sealants and paper. The company manufactures specialized products for various companies such as cosmetics, cement, textile and household products.
| Company Name | CMP |
|---|---|
| Coal India | 448.60 |
| NMDC | 264.95 |
| GMDC | 409.25 |
| Sandur Manganese | 506.65 |
| MOIL | 439.85 |
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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