Lanco Industries is currently trading at Rs. 24.85, up by 0.75 points or 3.11% from its previous closing of Rs. 24.10 on the BSE.
The scrip opened at Rs. 25.50 and has touched a high and low of Rs. 26.00 and Rs. 24.55 respectively. So far 24408 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 28.00 on 28-Jan-2013 and a 52 week low of Rs. 13.35 on 05-Aug-2013.
Last one week high and low of the scrip stood at Rs. 26.00 and Rs. 23.85 respectively. The current market cap of the company is Rs. 99.21 crore.
The promoters holding in the company stood at 50.78% while Institutions and Non-Institutions held 0.71% and 48.51% respectively.
Lanco Industries has reported results for third quarter ended December 31, 2013.
The company has reported a net profit of Rs 8.83 crore for the quarter as compared to a net loss of Rs 9.11 crore for the same quarter in the previous year. Total income from operations of the company has increased by 22.09% at Rs 256.76 crore for quarter under review as compared to Rs 210.31 crore for the quarter ended December 31, 2012.
Lanco Industries is engaged in the manufacturing of DI pipes, foundry and SG-grade pig iron and portland slag cement with DI pipes being the main product.
