Birla Corp is currently trading at Rs. 231.80, down by -1.95 points or -0.83 % from its previous closing of Rs. 233.75 on the BSE.
The scrip opened at Rs. 234.00 and has touched a high and low of Rs. 234.00 and Rs. 229.45 respectively. So far 54 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 341.80 on 02-Jan-2013 and a 52 week low of Rs. 202.05 on 04-Sep-2012.
Last one week high and low of the scrip stood at Rs. 247.25 and Rs. 233.00 respectively. The current market cap of the company is Rs. 1784.98 crore.
The promoters holding in the company stood at 62.90 % while Institutions and Non-Institutions held 20.86 % and 16.24 % respectively.
Birla Corporation, the flagship company of M P Birla Group, in order to increase cement production capacity, is planning to set up new cement unit with a capacity of 2 million tonnes per year in Madhya Pradesh. In this regard, the company will invest Rs 2,500 crore in the unit over a period of three years. At present, the total cement production capacity of the company is stood at 9.3 MT.
Birla Corporation operates four division cement, jute, vinoleum and auto trim. It has eight manufacturing facilities located in Pune, Rajasthan, West Bengal, Gurgoan, Uttar Pradesh and Madhya Pradesh.