Surana Telecom & Power is currently trading at Rs. 5.15, up by 0.10 points or 1.98% from its previous closing of Rs. 5.05 on the BSE.
The scrip opened at Rs. 5.19 and has touched a high and low of Rs. 5.19 and Rs. 5.14 respectively. So far 2081 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 7.48 on 08-Jul-2016 and a 52 week low of Rs. 4.21 on 16-May-2016.
Last one week high and low of the scrip stood at Rs. 5.23 and Rs. 4.90 respectively. The current market cap of the company is Rs. 53.57 crore.
The promoters holding in the company stood at 75.00%, while institutions and non-institutions held 0.91% and 24.09% respectively.
Surana Telecom and Power’s subsidiary Aryavaan Renewable Energy has successfully commissioned on February 08, 2017 its commercial operation of grid connected 5MW Solar Power Plant located at Barhara Village, Sarila Tehsil, Hamirpur District in Uttar Pradesh at a cost of Rs 28 crore. For sale of power, the company has entered into long term PPA with Uttar Pradesh Power Corporation (UPPCL).
Surana Telecom & Power was engaged in the business of manufacturing of petro products such as petroleum jelly and telecom products such as jointing kits. Later the company ventured into the telecommunication sector with the production of jelly filled telephone cables.