Inflame Appliances touches roof on securing first trial order for 700 Chimneys from StoveKraft
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Inflame Appliances is currently trading at its upper circuit limit of Rs. 415.85, up by 37.80 points or 10.00% from its previous closing of Rs. 378.05 on the BSE.
The scrip opened at Rs. 387.00 and has touched a high and low of Rs. 415.85 and Rs. 381.00 respectively. So far 32000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 499.80 on 14-Jan-2022 and a 52 week low of Rs. 161.65 on 30-Apr-2021.
Last one week high and low of the scrip stood at Rs. 415.85 and Rs. 345.00 respectively. The current market cap of the company is Rs. 272.38 crore.
The promoters holding in the company stood at 48.12%, while Institutions and Non-Institutions held NA% and 51.88% respectively.
Inflame Appliances has received first trial order for 700 Chimneys from one of the major and renowned company StoveKraft, Bangalore who own the prestigious brand Pigeon appliances expanding customer base with most of the major brands in the industry. The Company has received its first order for 700 Chimneys for its Gilma Models. Time Period by which order is to be executed upto May 25,2022.
Inflame Appliances is engaged in manufacturing of LPG Gas Stove/ Cooktops in various range.
