Rohit Ferro-Tech is currently trading at Rs. 13.70, up by 0.26 points or 1.93% from its previous closing of Rs. 13.44 on the BSE.
The scrip opened at Rs. 13.80 and has touched a high and low of Rs. 14.11 and Rs. 13.66 respectively. So far 1,17,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 35.00 on 30-Nov-2012 and a 52 week low of Rs. 9.17 on 01-Aug-2013.
Last one week high and low of the scrip stood at Rs. 14.24 and Rs. 13.25 respectively. The current market cap of the company is Rs. 155.00 crore.
The promoters holding in the company stood at 72.00% while Institutions and Non-Institutions held 2.20% and 25.80% respectively.
Rohit Ferro-Tech’s - Pt Bara Prima Mandiri (BPM) having a Coking Coal mine located in Central Kalimantan Province of Indonesia has started commercial sales on November 19, 2013 by shipping its first cargo to China. BPM is owned by the company through its wholly owned subsidiary SKP Overseas, Singapore.
The company is in the process of finalizing one of the largest mining contractors in Indonesia for expanding the production to reach at the optimum production capacity by March, 2014.
The company has targeted to produce approximately 500,000 MT of Coking Coal per year from the open cast reserves. Considering the huge potential in underground mining the company is also doing a further techno-commercial study to enhance the capacity in coming years.
