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Jagan Lamps spurts on securing two orders from Lumileds India, Osram Lighting
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Jagan Lamps is currently trading at Rs.92.00, up by 2.02 points or 2.24% from its previous closing of Rs. 89.98 on the BSE.
The scrip opened at Rs. 94.47 and has touched a high and low of Rs. 94.47 and Rs. 90.25 respectively. So far 27313 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 95.50 on 06-Oct-2023 and a 52 week low of Rs. 38.01 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 94.47 and Rs. 81.00 respectively. The current market cap of the company is Rs. 68.59 crore.
The promoters holding in the company stood at 57.78%, while Non-Institutions held 42.22% in the company.
Jagan Lamps has bagged two large orders from Lumileds India (Lumileds) and Osram Lighting (OSRAM). Lumileds will procure Halogen Lamps from Jagan Lamps, which are sold under the brand name ‘PHILIPS’ as part of their product portfolio, while Osram will procure Halogen Lamps from Jagan Lamps, which are sold under the brand name ‘OSRAM’ as part of their product portfolio.
Jagan Lamps is a leading manufacturer and exporter of Auto Bulbs, Halogen Bulbs, Head Lights, Automotive Electrical Spares and other related products of extremely high quality at competitive prices.
