Maithan Alloys gains on acquiring 100% stake in Ramagiri Renewable Energy
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/01/0857e32ed90b9b8f322473d0473b7c3c.jpg)
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
Maithan Alloys is currently trading at Rs. 1056.45, up by 6.30 points or 0.60% from its previous closing of Rs. 1050.15 on the BSE.
The scrip opened at Rs. 1050.00 and has touched a high and low of Rs. 1057.00 and Rs. 1050.00 respectively. So far 596 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1594.40 on 12-Apr-2022 and a 52 week low of Rs. 777.65 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 1097.75 and Rs. 1023.65 respectively. The current market cap of the company is Rs. 3065.30 crore.
The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 2.27% and 22.75% respectively.
Maithan Alloys has received the entire stake (i.e. 100% shareholding) of Ramagiri Renewable Energy on January 13, 2023 pursuant to the provisions of the share purchase agreements as executed with IL&FS Energy Development Company. Consequently, Ramagiri Renewable Energy became wholly-owned subsidiary of the Company with effect from January 13, 2023.
Maithan Alloys engages in the manufacture and trading of ferro alloys in India and internationally. It also involves in the generation and supply of wind power.
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/6a3a51922b2c15446efcd23637be87b8.jpg)
Fit-tech startup beatXP set to raise $50 mn,
![PHDCCI ``Taskforce on Cooperative`` Organised``National Cooperatives` Meet 2023`` with Focus on ``Cooperation Policy 2023`` and Strengthening the Cooperative Sector in India](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/07/49c948b49bac29f3d320c9365659296e.jpg)
![MP Diya Kumari thanks PM as he inaugurates projects worth Rs 5000 cr in Rajsamand](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/05/d928b2954ec9294fabf81ac2cf5f8b71.jpg)
![India`s heatwaves putting economy, development goals at risk](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/04/c44a82319e916e18a2f49aa1198128fd.jpg)