Uttam Galva Steels is currently trading at Rs. 73.95, up by 0.40 points or 0.54% from its previous closing of Rs. 73.55 on the BSE.
The scrip opened at Rs. 77.10 and has touched a high and low of Rs. 77.10 and Rs. 70.25 respectively. So far 35720 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 125.50 on 31-Jan-2013 and a 52 week low of Rs. 56.60 on 03-Sep-2012.
Last one week high and low of the scrip stood at Rs. 84.35 and Rs. 73.35 respectively. The current market cap of the company is Rs. 902.28 crore.
The promoters holding in the company stood at 70.83% while Institutions and Non-Institutions held 15.31% and 13.86% respectively.
Uttam Galva Steels has received an approval for raising funds up to Rs 175 crore through Qualified Institutional Placement (QIP) within the meaning of SEBI (ICDR) Regulations, 2009. The board at its meeting held on February 26, 2013 has approved for the same. The board has also approved for increase in FII limit up to the sectorial cap as per the extant FEMA/RBI Stipulations.
Uttam Galva Steels (UGSL) is engaged in the business of manufacturing Cold Rolling (CR) Coils, Cold Rolled Close Annealed (CRCA), Galvanized Plain Products (GP) and Galvanized Corrugated Products (GC). Company has emerged as one of the largest manufacturers of cold rolled steel ('CR') and galvanized steel (GP) in Western India.
| Company Name | CMP |
|---|---|
| JSW Steel | 913.65 |
| Tata Steel | 174.25 |
| SAIL | 166.20 |
| Jindal Stainless | 805.40 |
| Jindal Saw | 555.15 |
| View more.. | |
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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