Relicab Cable Manufacturing surges on winning contract worth Rs 97.47 lakh
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Relicab Cable Manufacturing is currently trading at Rs. 149.70, up by 1.30 points or 0.88% from its previous closing of Rs. 148.40 on the BSE.
The scrip opened at Rs. 148.50 and has touched a high and low of Rs. 150.00 and Rs. 148.00 respectively. So far 88693 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 154.00 on 02-Sep-2024 and a 52 week low of Rs. 89.00 on 03-Oct-2023.
Last one week high and low of the scrip stood at Rs. 154.00 and Rs. 141.10 respectively. The current market cap of the company is Rs. 150.06 crore.
The promoters holding in the company stood at 27.95%, while Non-Institutions held 72.05% stake in the company.
Relicab Cable Manufacturing has received the contract of PVC Cable, Halogen and FLRS totaling to around Rs 97.47 lakh (excluding tax). The order is to be executed within 30 days.
Earlier, the company had received the contract of MM S/C Cable totaling to $1,17,596.06 i.e. around Rs 98.78 lakh (including tax).
Relicab Cable Manufacturing is engaged in the business of manufacturing and marketing of PVC Compounds and Wires and Cables.
