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CMC trades higher on the BSE

11 Dec 2013 Evaluate

CMC is currently trading at Rs. 1335.00, up by 0.40 points or 0.03% from its previous closing of Rs. 1334.60 on the BSE.

The scrip opened at Rs. 1287.00 and has touched a high and low of Rs. 1349.95 and Rs. 1287.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,523.00 on 09-Apr-2013 and a 52 week low of Rs. 1,106.80 on 05-Aug-2013.

Last one week high and low of the scrip stood at Rs. 1523.00 and Rs. 1106.80 respectively. The current market cap of the company is Rs. 4,045 crore.

The promoters holding in the company stood at 51.12%, while Institutions and Non-Institutions held 40.89% and 7.99% respectively.

CMC and its subsidiary CMC Americas have been successfully appraised at People CMM Maturity Level 5. The assessment was carried out by SEI partner KPMG, India. With this assessment, CMC joins the elite group of P-CMM Level 5 appraised companies across the globe. PCMM level 5 is an important part of the company’s commitment to provide value added solutions and services through world class talented innovative people with supporting world class processes.

People CMM is designed to help organizations characterize the maturity of workforce practices, create a programme for continuous workforce development, prioritize improvement actions, and integrate people development with workgroup and delivery processes to promote a culture of excellence and innovation. Characteristically, People CMM aligns individual aspirations with the organizational goals. Level 5 is the highest attainable level signifying commitment of the highest order towards the people.

CMC is leading system engineering and Integration Company in India and is a subsidiary of Tata Consultancy Services, Asia’s largest software company. Operating out of 18 offices and 180 services locations in the country, CMC employs over 10,000 people and has a wholly owned subsidiary in USA called CMC Americas, Inc.

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