04-03-2024 11:07 AM | Source: Accord Fintech
Cosmic CRF soars on bagging order from SAIL- RITES Bengal Wagon Industry

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Cosmic CRF is currently trading at Rs. 928.00, up by 28.00 points or 3.11% from its previous closing of Rs. 900.00 on the BSE.

The scrip opened at Rs. 945.00 and has touched a high and low of Rs. 945.00 and Rs. 904.45 respectively. So far 4400 shares were traded on the counter.

The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 1084.90 on 29-Jan-2024 and a 52 week low of Rs. 181.00 on 24-Jul-2023.

Last one week high and low of the scrip stood at Rs. 956.15 and Rs. 863.40 respectively. The current market cap of the company is Rs. 626.48 crore.

The promoters holding in the company stood at 72.53%, while Non-Institutions held 27.47% in the company. 

Cosmic CRF has bagged an order worth basic value of Rs 945 lakh corresponding to gross amount to Rs 1,115.10 lakh (Inclusive of GST) from SAIL- RITES Bengal Wagon Industry (P) (a Joint Venture of SAIL & RITES) for supply of Cold Rolled Formed Sections for BOXNHL Wagons. The order is expected to be completed within 3 months. 

Cosmic CRF is engaged in manufacturing of Railway Components, Sheet Piles and Structures from its Cold Rolled Forming (CRF) Unit.