Centum Electronics rise on the BSE
Centum Electronics is currently trading at Rs. 1478.00, up by 22.15 points or 1.52% from its previous closing of Rs. 1455.85 on the BSE.
The scrip opened at Rs. 1487.30 and has touched a high and low of Rs. 1500.20 and Rs. 1441.20 respectively. So far 3126 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2400.00 on 19-Dec-2024 and a 52 week low of Rs. 1140.15 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 1609.00 and Rs. 1273.80 respectively. The current market cap of the company is Rs. 2150.41 crore.
The promoters holding in the company stood at 58.75%, while Institutions and Non-Institutions held 9.02% and 32.23% respectively.
Centum Electronics through its wholly owned subsidiary -- Centum Electronics UK is all set to invest further up to 2 million Euro in its step-down subsidiary -- Centum T&S Group SA. The investment is being made to support the step-down subsidiary’s financial operations, facilitate growth and improve its financial stability, allowing it to meet its short term and long-term financial requirements. The investment will be made in one or more tranches by end of March, 2025. The investment is subject to necessary approvals.
Centum Electronics is basically engaged in designing and manufacturing of advanced electronics systems, subsystems, and components.
