DIC India is currently trading at Rs. 370.00, up by 7.20 points or 1.98 % from its previous closing of Rs. 362.80 on the BSE.
The scrip opened at Rs. 370.90 and has touched a high and low of Rs. 372.95 and Rs. 364.00 respectively. So far 1461 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 406.00 on 02-Jan-2014 and a 52 week low of Rs. 152.00 on 29-Jul-2013.
Last one week high and low of the scrip stood at Rs. 394.00 and Rs. 361.05 respectively. The current market cap of the company is Rs. 339.62 crore.
The promoters holding in the company stood at 71.75 % while Institutions and Non-Institutions held 0.01 % and 28.24 % respectively.
DIC India has received an approval for closure of its manufacturing unit located at Chandivali Farm, Off Saki Vihar Road, Mumbai, effective from April 01, 2014. The board of directors at its meeting held on March 26, 2014 has approved for the same.
The closure of the Mumbai unit would not affect the overall production capacity of the company as relocation of the manufacturing process will take place.
DIC is not only a leader in Graphic Arts but has a strong presence in printers’ supplies, machinery, pigments and reprographic products.
