Rishi Laser is currently trading at upper limit of Rs. 146.85, up by 6.95 points or 4.97% from its previous closing of Rs. 139.90 on the BSE.
The scrip opened at Rs. 146.80 and has touched a high and low of Rs. 146.85 and Rs. 146.80 respectively. So far 6059 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 177.70 on 31-Jul-2024 and a 52 week low of Rs. 52.01 on 03-Oct-2023.
Last one week high and low of the scrip stood at Rs. 146.85 and Rs. 131.50 respectively. The current market cap of the company is Rs. 134.99 crore.
The promoters holding in the company stood at 15.84%, while Non-Institutions held 84.16% stake in the company.
Rishi Laser has entered into a Technical Collaboration and Sales arrangement, with two Robot Manufacturing Companies, to provide advanced Robotic Systems and solutions tailored for the Steel Fabrication Industry. Through this partnership, Rishi Laser will provide cutting-edge automation solutions to the steel processing sector.
Robotic systems offer significant advantages, including improved productivity, enhanced precision, and increased safety in operations. By automating complex and repetitive tasks, robots can help the customers achieve higher productivity and maintain consistent quality standards.
Rishi Laser manufactures fully-integrated sheet metal and heavy metal components and assemblies using German-made Trumpf CNC laser-cutting machines, CNC Bending machines and CNC Plasma / Flame Cutting machines.
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