Readymade Steel India is currently trading at Rs. 108.30, up by 1.10 points or 1.03 % from its previous closing of Rs. 107.20 on the BSE.
The scrip opened at Rs. 110.05 and has touched a high and low of Rs. 112.00 and Rs. 108.00 respectively. So far 3353 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 112.00 on 18-Nov-2013 and a 52 week low of Rs. 36.25 on 10-Apr-2013.
Last one week high and low of the scrip stood at Rs. 111.00 and Rs. 100.00 respectively. The current market cap of the company is Rs. 126 crore.
The promoters holding in the company stood at 64.44% while Institutions and Non-Institutions held 2.93% and 32.64% respectively.
Readymade Steel India has completed the acquisition of shares of Kridhan Infra Solutions as per the fair valuation report as on March 31, 2013. Pursuant to this, Kridhan Infra Solutions, a company under same management has become a wholly owned subsidiary of the company. The board of directors at its meeting held on November 14, 2013 has taken the note of the same.
Readymade Steel India is one of the pioneers in introducing the concept of ready to use steel for the construction industry in the country. RMS's product offerings include ready to use steel, primarily re-bars to be used in construction activities in various sectors like roads, power plants, ports, airports, housing, bridges, metros, monorails etc.
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|---|---|
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