ZF Commercial Vehicle Control Systems India is currently trading at Rs. 16433.35, up by 148.75 points or 0.91% from its previous closing of Rs. 16284.60 on the BSE.
The scrip opened at Rs. 16994.00 and has touched a high and low of Rs. 16999.80 and Rs. 15706.75 respectively. So far 2604 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 17661.00 on 23-Jan-2024 and a 52 week low of Rs. 10342.00 on 30-May-2023.
Last one week high and low of the scrip stood at Rs. 16999.80 and Rs. 13006.70 respectively. The current market cap of the company is Rs. 30856.66 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 18.01% and 6.99% respectively.
ZF Commercial Vehicle Control Systems India has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT), Madras, focusing on the ‘Mobility and Intelligent Transportation’ (MInT), which has an ambitious goal of building the Bharat Multi-Modal Mobility Stack (BM3S). The BM3S is a game-changing digital mobility infrastructure empowering development of holistic system solutions for sustainable and intelligent transportation globally.
With a focus on safety, sustainability, and equity, BM3S will pave the way for significant advancements in electric vehicles, autonomous driving, and intelligent transportation systems. It aims to seamlessly integrate data streams, payment systems, vehicle technologies, and digital twin models
ZF Commercial Vehicle Control Systems India is primarily engaged in the manufacture of air brake actuation systems for commercial vehicles. The company is also engaged in rendering of software development and other services.
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