Goodluck India Ltd.

Good Luck Steel Tubes is currently trading at Rs. 80.50, up by 0.40 points or 0.50% from its previous closing of Rs. 80.10 on the BSE.

The scrip opened at Rs. 81.00 and has touched a high and low of Rs. 82.50 and Rs. 80.20 respectively. So far 13849 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 117.85 on 15-Jul-2015 and a 52 week low of Rs. 42.00 on 09-Sep-2014.

Last one week high and low of the scrip stood at Rs. 91.15 and Rs. 79.80 respectively. The current market cap of the company is Rs. 178.25 crore.

The promoters holding in the company stood at 60.46% while Institutions and Non-Institutions held 0.39% and 39.15% respectively.

Good Luck Steel Tubes has received an approval for the proposed amalgamation of its wholly owned subsidiary ‘MarterJi Metalloys’ with itself. The board of directors at its meeting held on September 07, 2015 has approved for the same.

The board of directors of the company will further meet to consider and approve the draft scheme of amalgamation and other documents in this connection.

Good Luck Group is an ISO 9001 certified organization, engaged in manufacturing and exporting of wide range of Automobile CDW Tubes, Forged Engineering Products, T&D Towers & Boiler Structure, Galvanized Pipes, Roofing Sheets & Annealed Sheets.