Symphony trades higher on launching air cooler range powered by BLDC Technology
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Symphony is currently trading at Rs. 985.00, up by 3.50 points or 0.36% from its previous closing of Rs. 981.50 on the BSE.
The scrip opened at Rs. 984.95 and has touched a high and low of Rs. 990.70 and Rs. 980.00 respectively. So far 1392 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1218.95 on 01-Mar-2023 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. 1006.00 and Rs. 977.10 respectively. The current market cap of the company is Rs. 6883.77 crore.
The promoters holding in the company stood at 73.25%, while Institutions and Non-Institutions held 14.84% and 11.91% respectively.
Symphony has launched the world’s first range of highly energy efficient air coolers powered by BLDC Technology. They consume up to 60% less power compared to other coolers which result in energy savings up to Rs 2000 per year.
The company has launched 3 models in the BLDC range of 80 litre, 55 litre and 30 litre water tank capacity. Apart from being highly energy efficient, they are also packed with additional features such as 7- speed options, up to 8 hours of night sleep mode, touchscreen control panel, empty water tank alarm etc.
Symphony, an Indian Multi-National Company with presence in over 60 countries is the world’s largest manufacturer of air-coolers.
