Responsive Industries gains on securing order from Indian Railways for Garib Rath initiative
Responsive Industries is currently trading at Rs. 299.05, up by 1.00 points or 0.34% from its previous closing of Rs. 298.05 on the BSE.
The scrip opened at Rs. 302.15 and has touched a high and low of Rs. 307.10 and Rs. 290.25 respectively. So far 66896 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 307.10 on 08-Sep-2023 and a 52 week low of Rs. 101.00 on 23-Dec-2022.
Last one week high and low of the scrip stood at Rs. 307.10 and Rs. 246.45 respectively. The current market cap of the company is Rs. 8026.06 crore.
The promoters holding in the company stood at 58.94%, while Institutions and Non-Institutions held 39.23% and 1.83% respectively.
Responsive Industries has secured order from Indian Railways for the iconic Garib Rath initiative. Earlier, the company had received orders from Indian Railways for the ‘Vande Bharat’ Project. This harmonious convergence with two of the nation’s most prestigious rail projects underscores the Company’s unparalleled expertise and commitment to quality. Each association, be it Vande Bharat or Garib Rath, resonates with Company’s vision of marrying innovation with the broader ambitions of India’s Rail connectivity.
Responsive Industries is a leading manufacturer of PVC Products. It serves as the undisputed standard for PVC products that are all in line with EU/US certifications.
