Indsil Hydro Power surges on incorporating wholly owned subsidiary
Indsil Hydro Power and Manganese is currently trading at Rs. 49.28, up by 1.19 points or 2.47% from its previous closing of Rs. 48.09 on the BSE.
The scrip opened at Rs. 49.75 and has touched a high and low of Rs. 49.75 and Rs. 48.38 respectively. So far 321 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 67.50 on 02-Jul-2025 and a 52 week low of Rs. 35.20 on 27-Mar-2025.
Last one week high and low of the scrip stood at Rs. 50.50 and Rs. 47.00 respectively. The current market cap of the company is Rs. 134.45 crore.
The promoters holding in the company stood at 62.81%, while Institutions and Non-Institutions held 3.79% and 33.40% respectively.
Indsil Hydro Power and Manganese has incorporated a wholly owned subsidiary named ‘lndsil lnfrastructure’. The Ministry of Corporate Affairs (MCA) has approved the incorporation of the wholly owned subsidiary and issued certificate of incorporation on October 23, 2025. The newly incorporated entity will engage in the business of real estate and development of infrastructure for commercial and business purposes.
Indsil Hydro Power and Manganese is engaged in the generation of electricity from their captive hydro electric power plant in Kerala, India. The company is also involved in ferro alloy smelting.
