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Vardhman Special Steels gains on making further investment in Sone Solar

13 May 2025 Evaluate

Vardhman Special Steels is currently trading at Rs. 245.70, up by 1.20 points or 0.49% from its previous closing of Rs. 244.50 on the BSE.

The scrip opened at Rs. 245.15 and has touched a high and low of Rs. 247.10 and Rs. 242.50 respectively. So far 1378 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 345.25 on 23-May-2024 and a 52 week low of Rs. 178.30 on 17-Mar-2025.

Last one week high and low of the scrip stood at Rs. 247.60 and Rs. 227.05 respectively. The current market cap of the company is Rs. 2008.19 crore.

The promoters holding in the company stood at 60.37%, while Institutions and Non-Institutions held 4.82% and 34.81% respectively.

Vardhman Special Steels has made a further investment of Rs 3,66,54,310 in Sone Solar, towards part payment of second tranche, comprising of 29,79,460 equity shares of face value of Rs 10 each and 6,85,971   0.5% compulsory convertible debentures of face value of Rs 10 each.

With this, the aggregate investment of the company in the equity shares and 0.5% compulsory convertible debentures of Sone Solar stands at Rs 11,32,07,750 and the shareholding of the company in equity share capital of Sone Solar will remain the same at 26%.

Vardhman Special Steels, incorporated in 2010, is part of the Vardhman group. It has its operating unit in Ludhiana, Punjab, which manufactures hot rolled bars and caters to the diverse requirements of various end-user segments such as engineering, automotive, tractor, bearing and allied industries.


Vardhman Special Share Price

267.45 -5.25 (-1.93%)
23-Apr-2026 16:59 View Price Chart
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