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Gandhimathi Appliances gains on bagging order aggregating Rs 204 crore

26 Sep 2013 Evaluate

Gandhimathi Appliances is currently trading at Rs. 295.00, up by 2.45 points or 0.84 % from its previous closing of Rs. 292.55 on the BSE.

The scrip opened at Rs. 294.00 and has touched a high and low of Rs. 295.15 and Rs. 287.05 respectively. So far 1,375 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 400.00 on 07-Jun-2013 and a 52 week low of Rs. 240.00 on 06-Feb-2013.

Last one week high and low of the scrip stood at Rs. 317.95 and Rs. 283.05 respectively. The current market cap of the company is Rs. 527 crore.

The promoters holding in the company stood at 64.72% while Institutions and Non-Institutions held 15.78% and 19.50% respectively.

Butterfly Gandhimathi Appliances has bagged an order from Tamil Nadu Civil Supplies Corporation (Tamil Nadu Government Undertaking), Chennai, for supply of 10 lakh pieces of Table Top Wet Grinders, for value aggregating Rs 204 crores plus Tamil Nadu VAT. Supplies of the order are to be completed during FY 2013-14.

Gandhimathi Appliances, owners of the ‘Butterfly’ brand, is the leading manufacturer of home appliances in India. Its products include kitchen appliances that are at par with excellence in quality and durability.

ButterflyGandhimathi Share Price

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