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Stone India spurts on turning sanitation partner of World Vision

11 Feb 2014 Evaluate

Stone India is currently trading at Rs. 17.50, up by 0.35 points or 2.04 % from its previous closing of Rs. 17.15 on the BSE.

The scrip opened at Rs. 17.05 and has touched a high and low of Rs. 17.80 and Rs. 17.05 respectively. So far 7723 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 29.90 on 11-Feb-2013 and a 52 week low of Rs. 14.00 on 20-Dec-2013.

Last one week high and low of the scrip stood at Rs. 18.30 and Rs. 16.50 respectively. The current market cap of the company is Rs. 13.29 crore.

The promoters holding in the company stood at 30.35 % while Institutions and Non-Institutions held 0.21 % and 69.44 % respectively.

Stone India has been entrusted by World Vision, a Global NGO having pan India presence, as its sanitation partner and has mandated the company to install its patented Enbiolet bio-toilets. Initially these toilets are being set up in Ranchi Program area. This is a breakthrough in company’s future diversification program.

The bio-toilet project is a flagship program of Department of Scientific & Industrial Research, Ministry of Science & Technology and has received funding during the development stage.

Stone India, a multi-product engineering company located in Kolkata, has been serving the Indian rail road industry for over seven decades

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