Indobell Insulations touches roof on securing order worth Rs 11.01 crore
Indobell Insulations touches roof on securing order worth Rs 11.01 crore
Jan-14-2025 11:35 Hrs IST
Indobell Insulations is currently trading at upper limit of Rs. 96.35, up by 4.58 points or 4.99% from its previous closing of Rs. 91.77 on the BSE.
The scrip opened at Rs. 89.00 and has touched a high and low of Rs. 96.35 and Rs. 89.00 respectively. So far 297000 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 96.35 on 14-Jan-2025 and a 52 week low of Rs. 83.03 on 13-Jan-2025.
Last one week high and low of the scrip stood at Rs. 96.35 and Rs. 83.03 respectively. The current market cap of the company is Rs. 60.70 crore.
The promoters holding in the company stood at 65.00%, while Institutions and Non-Institutions held 1.38% and 33.62% respectively.
Indobell Insulations has secured an order from Cochin Shipyard, Central PSU, Department of Public Enterprises, Ministry of Ports, Shipping and Waterways for supply and application of Hot Lagging worth Rs 11.01 crore inclusive of GST. The order is to be executed between January 13, 2025 to February 28, 2025.
Indobell Insulations stands as a manufacturer and contractor of insulation products like Nodulated / Granulated Wool (Mineral and Ceramic Fibre Nodules) and Prefabricated Thermal Insulation Jackets which are used to insulate for variety of applications, including commercial buildings, and industrial plants.
