Responsive Industries rises on entering into Waterproofing Membrane Division with Vaitarna Tunnel Project Win
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Responsive Industries is currently trading at Rs. 228.85, up by 0.25 points or 0.11% from its previous closing of Rs. 228.60 on the BSE.
The scrip opened at Rs. 228.70 and has touched a high and low of Rs. 235.00 and Rs. 223.95 respectively. So far 71398 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 239.60 on 16-Aug-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. 239.60 and Rs. 221.45 respectively. The current market cap of the company is Rs. 6117.64 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 entered into Waterproofing Membrane Division with Vaitarna Tunnel Project Win. The company has acquired the Vaitarna Tunnel project contract under the prestigious Mumbai-Delhi Freight Corridor initiative of Indian Railways. The company has been entrusted with the supply and installation of waterproofing membranes to safeguard the tunnel’s infrastructure. This contract signifies Responsive Industries’ strategic entry into the waterproofing membrane division, further diversifying its product offerings.
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.
