Autoline Industries is currently trading at Rs. 73.15, up by 8.50 points or 13.15% from its previous closing of Rs. 64.65 on the BSE.
The scrip opened at Rs. 69.00 and has touched a high and low of Rs. 73.80 and Rs. 68.50 respectively. So far 174090 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 133.70 on 22-Apr-2013 and a 52 week low of Rs. 46.05 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 73.80 and Rs. 63.20 respectively. The current market cap of the company is Rs. 85.69 crore.
The promoters holding in the company stood at 28.06% while Institutions and Non-Institutions held 3.23% and 68.70% respectively.
Autoline Industries is planning to sell stake in its U.S. unit. In this regard, the board of directors of the company will meet on March 11 to explore various avenues of raising funds to meet the funding requirements of the company by way of full disinvestment of stock/ shares in Autoline Industries Inc., USA.
Autoline Industries is a manufacturer of pressed sheet metal automotive components and assemblies, and is engaged in design engineering for automotive original equipment manufacturers (OEMs) based in India, the US and Europe.
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