Symphony soars on launching air cooler range with BLDC technology
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Symphony is currently trading at Rs. 1050.35, up by 19.30 points or 1.87% from its previous closing of Rs. 1031.05 on the BSE.
The scrip opened at Rs. 1037.60 and has touched a high and low of Rs. 1052.70 and Rs. 1021.25 respectively. So far 5382 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1214.00 on 08-Apr-2022 and a 52 week low of Rs. 821.00 on 03-Nov-2022.
Last one week high and low of the scrip stood at Rs. 1126.90 and Rs. 952.65 respectively. The current market cap of the company is Rs. 7278.68 crore.
The promoters holding in the company stood at 73.25%, while Institutions and Non-Institutions held 15.23% and 11.52% respectively.
Taking a leap towards contributing to build a sustainable future, Symphony has introduced the world’s first air cooler range with BLDC technology. The BLDC range of Symphony air coolers are equipped with BLDC motor that helps save electricity consumption upto 50%. Through the company’s innovative solutioning approach, it has also added new features in these coolers including seven speed option, upto 8 hours night sleep mode, etc.
The BLDC product range is manufactured in India and the company has developed the complete ecosystem for supplies within the country. Symphony has always stayed focused on making innovation and comfort accessible to the masses. With the launch of BLDC range of air coolers, Symphony reinforces its commitment to creating sustainable air coolers for a greener tomorrow.
Symphony, an Indian Multi-National Company with presence in over 60 countries is the world’s largest manufacturer of air-coolers.
