Western India Shipyard is currently trading at Rs. 5.21, up by 0.46 points or 9.68% from its previous closing of Rs. 4.75 on the BSE.
The scrip opened at Rs. 4.80 and has touched a high and low of Rs. 5.44 and Rs. 4.75 respectively. So far 27,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 9.70 and a 52 week low of Rs. 4.41.
The current market cap of the company is Rs. 153.00 crore.
The promoters holding in the company stood at 60.15% while Institutions and Non-Institutions held 10.92% and 28.92% respectively.
Western India Shipyard has secured valuable ship repair orders from its esteemed clients for repair of 5 vessels during the fourth quarter ending March 31, 2013 with the estimated revenue of about Rs 15 crore.
M V Horseshoe has already arrived in the shipyard and the repairs are in progress. The new repair orders are for three vessels namely, a Coast Guard vessel, a RORO vessel and a Coastal Transhipper vessel where the repairs involve extensive steel renewals, repairs to pipelines, engines, deck machinery, surface protection, navigation equipment and crew accommodation. M V Vestfonne is expected to be redelivered shortly to its owners.
Western India Shipyard offers services such as routine maintenance and damage repairs, cargo hold/tank space blasting and coating, main engine overhauls, rudder, propeller and tail shaft repairs, and cargo gear overhaul and repairs.
