Nitco rises on securing order worth Rs 105.40 crore
Nitco is currently trading at Rs. 143.45, up by 2.90 points or 2.06% from its previous closing of Rs. 140.55 on the BSE.
The scrip opened at Rs. 147.55 and has touched a high and low of Rs. 147.55 and Rs. 142.10 respectively. So far 12857 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 148.50 on 12-Dec-2024 and a 52 week low of Rs. 27.14 on 18-Dec-2023.
Last one week high and low of the scrip stood at Rs. 148.50 and Rs. 130.00 respectively. The current market cap of the company is Rs. 1028.66 crore.
The promoters holding in the company stood at 46.79%, while Institutions and Non-Institutions held 9.20% and 44.01% respectively.
Nitco has secured a new order valued at Rs 105.40 crore from Prestige Estates Projects for supply of tiles, marble and mosaic. Additionally, based on the current ongoing projects, the company anticipates receiving orders worth Rs 104 crore in the near future from Prestige Estates Projects.
Nitco is engaged in the manufacture of ceramic tiles, vitrified tiles, mosaico, marble, cement terrazzo tiles and cement.
