CMI zooms on securing L1 position for supply of cadmium catenary wire to Indian Railways

CMI zooms on securing L1 position for supply of cadmium catenary wire to Indian Railways

by admin- Tuesday, January 1st, 2019 03:28:04 PM

CMI is presently trading at Rs. 181.65, up with the aid of 6.50 points or 3.71% from its previous final of Rs. One hundred seventy five.15 at the BSE.

The scrip opened at Rs. A hundred and eighty.55 and has touched a high and low of Rs. 184.95 and Rs. 177.Eighty five respectively. So a long way 25740 shares had been traded on the counter.

The BSE institution ‘B’ inventory of face value Rs. 10 has touched a 52 week high of Rs. 371.60 on 27-Apr-2018 and a fifty two week low of Rs. 115.50 on eleven-Oct-2018.

Last one week high and coffee of the scrip stood at Rs. 178.70 and Rs. One hundred forty.05 respectively. The current marketplace cap of the corporation is Rs. 271.70 crore.

The promoters protecting inside the agency stood at 43.Fifty five% at the same time as Institutions and Non-Institutions held 16.15% and forty.30% respectively.

CMI has secured L1 position for supply of Cadmium Catenary Wire to East Coast Indian Railways for a value of Rs 106.Sixty four crore. The tender changed into determined through a opposite auction procedure.

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