Alliance Integrated Metaliks soars on bagging `Dabwali-Chautala Project` in Haryana
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Alliance Integrated Metaliks is currently trading at Rs. 35.45, up by 0.75 points or 2.16% from its previous closing of Rs. 34.70 on the BSE.
The scrip opened at Rs. 35.80 and has touched a high and low of Rs. 35.90 and Rs. 34.50 respectively. So far 15336 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 37.80 on 25-Apr-2022 and a 52 week low of Rs. 2.04 on 12-Oct-2021.
Last one week high and low of the scrip stood at Rs. 35.90 and Rs. 29.00 respectively. The current market cap of the company is Rs. 402.95 crore.
The promoters holding in the company stood at 71.35%, while Institutions and Non-Institutions held 1.55% and 27.10% respectively.
Alliance Integrated Metaliks has received a work order from VRC Constructions (I) for the project named as ‘Dabwali-Chautala Project’ for the location Dabwali in Haryana. The company scope of work includes fabrication, metalizing, painting, transportation, erection and launching of Steel Truss Girder Canal Bridge. This order has reinforced the credentials of the company as a leading player in the Fabrication and Erection segment.
Alliance Integrated Metaliks is engaged in the manufacturing of steel with its concentration in manufacturing specialty steel and alloy products catering primarily to automobile applications and also for Industrial, Engineering Applications to a limited extend.
