Indsil Hydro Power and Manganese gains despite it permanently shuts down subsidiary company
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Indsil Hydro Power and Manganese is currently trading at Rs. 85.05, up by 1.40 points or 1.67% from its previous closing of Rs. 83.65 on the BSE.
The scrip opened at Rs. 83.60 and has touched a high and low of Rs. 85.80 and Rs. 83.40 respectively. So far 8074 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 118.00 on 10-Feb-2022 and a 52 week low of Rs. 10.72 on 22-Apr-2021.
Last one week high and low of the scrip stood at Rs. 92.90 and Rs. 82.30 respectively. The current market cap of the company is Rs. 234.42 crore.
The promoters holding in the company stood at 63.44%, while Institutions and Non-Institutions held 3.95% and 32.61% respectively.
Indsil Hydro Power and Manganese has permanently closed its wholly owned subsidiary -- INDSTL Hydro Global (FZE), Sharjah as there was no business operations. The closure of the company does not have any effect on the company's operations.
Indsil Hydro Power and Manganese is engaged in the generation of electricity from its captive hydroelectric power plant in Kerala, India. The company also involves in ferro alloy smelting.
