Gandhi Special Tubes is currently trading at Rs. 134.90, up by 3.95 points or 3.02% from its previous closing of Rs. 130.95 on the BSE.
The scrip opened at Rs. 130.95 and has touched a high and low of Rs. 134.90 and Rs. 130.95 respectively.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 194.80 on 23-Jan-2013 and a 52 week low of Rs. 122.00 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 132.90 and Rs. 130.05 respectively. The current market cap of the company is Rs. 198.28 crore.
The promoters holding in the company stood at 73.27% while Institutions and Non-Institutions held 1.88% and 24.85% respectively.
Gandhi Special Tubes has received direction from Gujarat Pollution Control Board (GPCB) to stop the production within 48 hours of receipt of the notice (as the company’s plant was in continuous process) on account of minor water pollution problem. The company is taking immediate steps to rectify the water pollution problem at the earliest.
However, even before receiving the notice the company had already planned necessary steps for maintenance of its plant and machinery from December 26, 2013. Therefore the company will not suffer on account of the stoppage in production. The company has already executed the required orders.
Further on account of slowdown in the Automobile Industry, the schedule of book order will not be affected.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2105.45 |
| View more.. | |
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