Easun Reyrolle is currently trading at Rs. 45.90, up by 4.35 points or 10.47% from its previous closing of Rs. 41.55 on the BSE.
The scrip opened at Rs. 44.00 and has touched a high and low of Rs. 47.45 and Rs. 44.00 respectively. So far 5605 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 83.00 on 24-Dec-2012 and a 52 week low of Rs. 41.00 on 24-Jul-2013.
Last one week high and low of the scrip stood at Rs. 47.45 and Rs. 41.00 respectively. The current market cap of the company is Rs. 94.67 crore.
The promoters holding in the company stood at 29.12% while Institutions and Non-Institutions held 7.54% and 63.35% respectively.
Easun Reyrolle, through its wholly owned subsidiary and overseas investment body, ERL International has acquired 82% equity and ownership control in an Australian Company, Electrical Distribution Solutions (EDS).
Recently, ERL India obtained order from EDS to supply Medium Voltage Switchgear products to Australian Utility, Energex in the State of Queensland. The total supply value of this order is $84 million to be supplied over next 7 years. Energex manages energy distribution networks of the State of Queensland for more than 100 years. The above synergic and strategic acquisition would help ERL India establish and hold presence in prospering Australian power transmission and distribution market.
Easun Reyrolle established in 1980, is a leading Company providing complete range of Power Management Products, Systems, Solutions and Services spread across Generation, Transmission, Distribution and Industrial Application Segments.
