Cosmo Ferrites is currently trading at Rs. 18.20, up by 1.90 points or 11.66% from its previous closing of Rs. 16.30 on the BSE.
The scrip opened at Rs. 17.05 and has touched a high and low of Rs. 19.00 and Rs. 17.00 respectively. So far 48,000 shares were traded on the counter.
The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 23.25 on 24-Oct-2016 and a 52 week low of Rs. 10.85 on 31-Mar-2016.
Last one week high and low of the scrip stood at Rs. 19.00 and Rs. 14.55 respectively. The current market cap of the company is Rs. 21.89 crore.
The promoters holding in the company stood at 63.49%, while Institutions and Non-Institutions held 0.06% and 36.45% respectively.
Cosmo Ferrites has successfully commenced the production of LED lamps and lighting effects on February 22, 2017 at its manufacturing unit located at Noida in Uttar Pradesh.
Cosmo Ferrites is the leading manufacturer of soft ferrites in India, one of the leading manufacturers of Manganese Zinc Soft-ferrite from India. The company offers a wide range of soft ferrite for application in inverter Transformer, Current Transformer, Fly back Transformer, Driver Transformer, Pulse Transformer, Line Filter, Choke, Noise Suppressor etc.