IGI Logo

Ducon Infratechnologies is currently trading at Rs. 23.20, up by 0.90 points or 4.04% from its previous closing of Rs. 22.30 on the BSE.

The scrip opened at Rs. 22.95 and has touched a high and low of Rs. 23.40 and Rs. 22.55 respectively. So far 26844 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 31.40 on 20-Apr-2022 and a 52 week low of Rs. 8.09 on 26-Nov-2021.

Last one week high and low of the scrip stood at Rs. 22.40 and Rs. 20.00 respectively. The current market cap of the company is Rs. 579.67 crore.

The promoters holding in the company stood at 70.23%, while Non-Institutions held 29.77% stake in the company.

Ducon Infratechnologies has set up a new business division, ‘Hydrofule’ in its wholly owned USA based subsidiary to carry out Research & Development work on building a large scale economical Green Hydrogen Electrolyzer that will work with Solar Energy to achieve a conversion efficiency of at least 70%.

The zero-carbon fuel, Green Hydrogen, which has the best environmental credentials among the cleaner-burning fuels, is made using renewable power from wind or solar sources to split water into hydrogen and oxygen through an electrolyzer. Hydrofule's research will focus on reducing the production cost of Green Hydrogen by improving the Photovoltaic-Electrolysis system efficiency through minimizing the water splitting voltage and deploying high efficiency electrocatalysts in the electrolyzer.

Hydrofule plans to develop a prototype with hybridization of semiconductor oxide photoelectrodes,with noble metals and their nanocomposites that can provide enhanced electron mobility and photostability for better electrochemical performance and a solar to hydrogen conversion efficiency greater than 70%.

Ducon Infratechnologies is a rapidly growing diversified technology company that operates in a variety of business segments, to provide solutions and meet challenges in the digital and infrastructure business sectors.