Centum Electronics zooms on bagging order worth Rs 109.58 crore
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Centum Electronics is currently trading at Rs. 1749.00, up by 44.70 points or 2.62% from its previous closing of Rs. 1704.30 on the BSE.
The scrip opened at Rs. 1705.40 and has touched a high and low of Rs. 1778.00 and Rs. 1690.25 respectively. So far 2304 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2097.15 on 29-Apr-2024 and a 52 week low of Rs. 1275.00 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 1778.00 and Rs. 1515.15 respectively. The current market cap of the company is Rs. 2266.23 crore.
The promoters holding in the company stood at 58.75%, while Institutions and Non-Institutions held 8.51% and 32.75% respectively.
Centum Electronics has received an order from Defense Research and Development Organisation (DRDO) for Intersatellite Link & other Payload Subsystems. The company has received an order worth Rs 109.58 crore (Excluding Taxes). The said order is to be executed in 16 months.
Centum Electronics is basically engaged in designing and manufacturing of advanced electronics systems, subsystems, and components.
