Delton Cables shines on bagging order worth Rs 177.83 crore
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Delton Cables is currently trading at Rs. 427.00, up by 20.15 points or 4.95% from its previous closing of Rs. 406.85 on the BSE.
The scrip opened at Rs. 414.50 and has touched a high and low of Rs. 427.15 and Rs. 386.55 respectively. So far 8592 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 492.95 on 27-Feb-2024 and a 52 week low of Rs. 69.90 on 19-Jun-2023.
Last one week high and low of the scrip stood at Rs. 427.15 and Rs. 386.55 respectively. The current market cap of the company is Rs. 368.93 crore.
The promoters holding in the company stood at 73.58%, while Institutions and Non-Institutions held 0.02% and 26.39% respectively.
Delton Cables has received an order of Rs 177.83 crore from Top EPC Companies under Revamped Distribution Sector Scheme (RDSS Scheme) for supply of power cables. The order is to be executed within 2 years.
Delton Cables offers Total Telecom Solution Products from Conventional Telecom Cables to Microwave Accessories & others. Delton provides competence in Cable technology - covering measurement, control, communication and power distribution applications, as used in exploration, refining or gas processing sites, petrochemical, chemical, power generation and similar applications.
