Prakash Industries surges on the BSE
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Prakash Industries is currently trading at Rs. 68.95, up by 1.70 points or 2.53% from its previous closing of Rs. 67.25 on the BSE.
The scrip opened at Rs. 69.05 and has touched a high and low of Rs. 69.60 and Rs. 68.30 respectively. So far 26463 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 104.65 on 11-May-2021 and a 52 week low of Rs. 36.20 on 24-Sep-2020.
Last one week high and low of the scrip stood at Rs. 69.90 and Rs. 66.55 respectively. The current market cap of the company is Rs. 1204.33 crore.
The promoters holding in the company stood at 40.98%, while Institutions and Non-Institutions held 3.07% and 55.95% respectively.
Prakash Industries has been declared as the successful bidder in respect of Bhaskarpara Coal Mine in the 12th tranche of auction of coal mines under Coal Mines (Special Provisions) Act, 2015 for commercial mining vide letter dated September 7, 2021 issued by the Nominated Authority, Ministry of Coal.
Prakash Industries is an integrated steel and power company. Its products include coal mines, iron ore mines, sponge iron, power, steel melting shop and ferro alloys.
