Stovec Industries is currently trading at Rs 288.10, up by 2.40 points or 0.84% from its previous closing of Rs 285.70 on the BSE.
The scrip opened at Rs 305.00 and has touched a high and low of Rs 307.00 and Rs 278.70 respectively. So far 6 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 438.00 on 25-Apr-2011 and a 52 week low of Rs 259.00 on 19-Aug-2011.
Last one week high and low of the scrip stood at Rs 307.00 and Rs 278.70 respectively. The current market cap of the company is Rs 59.65 crore.
The promoters holding in the company stood at 71.00% while Institutions and Non-Institutions held 0.13% and 28.87% respectively.
Stovec Industries’ and A.T.E. Enterprises, the sole selling agent of the company have mutually decided through a formal agreement to terminate the sole selling agency agreement for textile capital print and preprint equipments. The agreement was terminated on December 05, 2011.
Further, Stovec will now sell the above mentioned products directly with effect from January 01, 2012.
Stovec Industries is presently engaged into manufacturing of perforated nickel rotary screens and engraved cylindrical screens, (‘consumables’), Rotary printing machines, Anilox Rollers, press room chemicals. The company is also engaged into trading of Rotamesh screens for label printing.