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Bedmutha Industries surges on plan to commence business of stone crusher

23 May 2013 Evaluate

Bedmutha Industries is currently trading at Rs 10.45, up by 0.55 points or 5.56% from its previous closing of Rs 9.90 on the BSE.

The scrip opened at Rs 9.80 and has touched a high and low of Rs 10.45 and Rs 9.80 respectively. So far 912 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 19.30 on 01-Jun-2012 and a 52 week low of Rs 8.61 on 06-Mar-2013.

Last one week high and low of the scrip stood at Rs 10.50 and Rs 9.57 respectively. The current market cap of the company is Rs 21.98 crore.

The promoters holding in the company stood at 64.25% while Institutions and Non-Institutions held 1.19% and 34.56% respectively.

Bedmutha Industries has received an approval to commence the business of stone crusher. The board of directors at its meeting held on May 16, 2013 has approved for the same.

Bedmutha Industries offers a wide range of wire and wire products that are approved by the Bureau of Indian Standards, Power Grid Corporation and state electricity boards.

 

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