Subros is currently trading at Rs. 209.00, up by 13.60 points or 6.96% from its previous closing of Rs. 195.40 on the BSE.
The scrip opened at Rs. 197.95 and has touched a high and low of Rs. 218.70 and Rs. 197.50 respectively. So far 34343 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 218.70 on 30-Mar-2017 and a 52 week low of Rs. 77.50 on 30-May-2016.
Last one week high and low of the scrip stood at Rs. 218.70 and Rs. 184.75 respectively. The current market cap of the company is Rs. 1256.76 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 decided to raise Rs 150 crore through issuance of Secured/Unsecured, Redeemable, Non-Convertible Debentures (NCDs) on private placement basis. The board of company at its meeting held on March 29, 2017 has approved for the same.
Subros is a leading manufacturer of automotive air conditioning systems and thermal products for automotive applications in India. The company has also been supplying cab mounted HVAC Units to Indian Railways for Driver Cabin application.