Remsons Industries zooms on bagging order worth Rs 300 crore
Remsons Industries is currently trading at Rs. 133.85, up by 14.20 points or 11.87% from its previous closing of Rs. 119.65 on the BSE.
The scrip opened at Rs. 120.05 and has touched a high and low of Rs. 139.80 and Rs. 119.80 respectively. So far 134168 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 234.95 on 30-Sep-2024 and a 52 week low of Rs. 102.30 on 06-May-2025.
Last one week high and low of the scrip stood at Rs. 139.80 and Rs. 109.30 respectively. The current market cap of the company is Rs. 473.13 crore.
The promoters holding in the company stood at 66.12%, while Institutions and Non-Institutions held 3.86% and 30.02% respectively.
Remsons Industries has received order worth more than Rs 300 crore from Stellantis N.V., North America. The order is for supply of control cables for Stellantis smart cars, jeep and their three-wheeler segment. The products will be delivered within 7 years. The order includes standard terms related to quality, delivery schedule, and pricing as mutually agreed by both parties.
Remsons Industries is an OEM Manufacturer supplying to two, three, four wheelers all over India and exports globally.
