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ISMT shines on receiving payment of euro 15.5 million on settlement of Arbitration case

13 Mar 2014 Evaluate

ISMT is currently trading at Rs. 11.69, up by 0.19 points or 1.65% from its previous closing of Rs. 11.50 on the BSE.

The scrip opened at Rs. 12.00 and has touched a high and low of Rs. 12.45 and Rs. 11.50 respectively. So far 60,143 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 15.30 on 14-Jan-2014 and a 52 week low of Rs. 8.55 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs. 12.45 and Rs. 10.33 respectively. The current market cap of the company is Rs. 171.00 crore.

The promoters holding in the company stood at 52.13% while Institutions and Non-Institutions held 4.94% and 42.94% respectively.

ISMT will receive the payment of euro 15.5 million pursuant to settlement of Arbitration case. The company had initiated an Arbitration case against one of its equipment suppliers.

ISMT is engaged in manufacturing of specialized seamless tubes, alloy steel and proves engineering services. The company also manufactures products such as bearing rings, gear blanks etc.

ISMT Share Price

119.80 0.00 (0.00%)
05-Aug-2024 15:14 View Price Chart
Peers
Company Name CMP
Tata Steel 214.45
JSW Steel 1277.70
SAIL 184.80
Jindal Stainless 755.10
APL Apollo Tubes 1948.80
View more..

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