Subros is currently trading at Rs. 202.20, up by 1.90 points or 0.95% from its previous closing of Rs. 200.30 on the BSE.
The scrip opened at Rs. 200.00 and has touched a high and low of Rs. 205.35 and Rs. 200.00 respectively. So far 17020 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 205.35 on 15-Feb-2017 and a 52 week low of Rs. 76.00 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 205.35 and Rs. 184.65 respectively. The current market cap of the company is Rs. 1210.27 crore.
The promoters holding in the company stood at 40.01%, while institutions and non-institutions held 5.49% and 54.50% respectively.
Subros has re-started production of ECM Assy (Radiator manufacturing at Noida Plant and ECM Assy at Manesar Plant). The new lines and enhanced capacities have been set-up in line with the customer’s requirement.
Last year, the company had entered into entrustment production contract with Denso for Engine Cooling Module (ECM Assy).
Subros is the country’s leading manufacturer of thermal products for automotive applications in India. It is a key supplier to Maruti Suzuki India for their Gurugram and Manesar Plants.