Marsons is currently trading at Rs. 13.10, up by 1.18 points or 9.90% from its previous closing of Rs. 11.92 on the BSE.
The scrip opened at Rs. 12.39 and has touched a high and low of Rs. 13.80 and Rs. 11.81 respectively. So far 1283655 shares were traded on the counter.
The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 19.60 on 24-Oct-2016 and a 52 week low of Rs. 9.29 on 21-Apr-2016.
Last one week high and low of the scrip stood at Rs. 13.80 and Rs. 11.52 respectively. The current market cap of the company is Rs. 32.10 crore.
The promoters holding in the company stood at 27.05%, while Non-Institutions held 72.95%.
Marsons has secured a large order of 30 power transformers worth Rs 11.84 crore from a leading EPC contractor for the IPDS and DDUGJY projects in Orissa. The company has started targeting the medium power transformer market in order to capitalize on the benefits of transformer loss standardization across the country as part of IPDS and DDUGJY scheme procurement. This has opened up a wider market for the Kolkata based manufacturer and helped it secure more profitable orders at large.
Marsons is one of the oldest and most reputed manufacturers of transformers in India with an infrastructure to supply transformers up to 160 MVA/220 kV class. Having supplied over 200,000 power transformers over the last six decades, Marsons is the largest transformer manufacturer in Eastern and North Eastern India.