ISGEC Heavy Engineering is currently trading at Rs. 5760.00, up by 14.80 points or 0.26% from its previous closing of Rs. 5745.20 on the BSE.
The scrip opened at Rs. 5760.00 and has touched a high and low of Rs. 5760.00 and Rs. 5760.00 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 5872.00 on 17-Feb-2017 and a 52 week low of Rs. 3550.50 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 5872.00 and Rs. 5017.75 respectively. The current market cap of the company is Rs. 4,244.86 crore.
The promoters holding in the company stood at 62.27%, while Institutions and Non-Institutions held 4.88% and 32.85% respectively.
ISGEC Heavy Engineering has signed a Collaboration and Technology Transfer Agreement with Babcock Power Environmental Inc., a Delaware (USA) Corporation having a principal place of business at 5 Neponset Street, Worcester, MA 01605, for design and manufacture of Wet Flue Gas Desulphurization system and equipments.
Earlier in February 9, 2017, the company had signed license agreement with Riley Power Inc., USA, a company of Babcock group, for transfer of technology to design and sell process fired heaters.
ISGEC Heavy Engineering is engaged in the manufacturing of machinery parts and equipment. Its products include heat exchangers, reactors, columns, plate and tabular construction type fume hoods, galvanising baths, tubes, panels, superheater and economiser elements, industrial machinery equipment for steel plants.