Isgec Heavy Engineering shines as its arm enhances production capacity of Ethanol Plant.
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ISGEC Heavy Engineering is currently trading at Rs. 657.15, up by 21.20 points or 3.33% from its previous closing of Rs. 635.95 on the BSE.
The scrip opened at Rs. 640.25 and has touched a high and low of Rs. 663.15 and Rs. 640.25 respectively. So far 9214 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 663.15 on 20-Jun-2023 and a 52 week low of Rs. 418.25 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 663.15 and Rs. 594.40 respectively. The current market cap of the company is Rs. 4850.37 crore.
The promoters holding in the company stood at 62.43%, while Institutions and Non-Institutions held 10.26% and 27.31% respectively.
Isgec Heavy Engineering’s wholly owned subsidiary -- Saraswati Sugar Mills has enhanced the production capacity of its Ethanol Plant from 100 Kilo Liter Per Day to 160 Kilo Liter Per Day and the enhanced capacity has come into commercial production on June 18, 2023, after obtaining all statutory approvals.
Isgec Heavy Engineering is a multi-product, multi-location public company that has been providing engineering solutions to customers around the world for the past many years
