Roto Pumps soars on starting commercial production of downhole pumps at Greater Noida facility
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Roto Pumps is currently trading at Rs. 401.65, up by 16.50 points or 4.28% from its previous closing of Rs. 385.15 on the BSE.
The scrip opened at Rs. 400.65 and has touched a high and low of Rs. 405.00 and Rs. 385.05 respectively. So far 7936 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 472.50 on 16-May-2024 and a 52 week low of Rs. 300.45 on 13-Mar-2024.
Last one week high and low of the scrip stood at Rs. 441.85 and Rs. 359.30 respectively. The current market cap of the company is Rs. 1252.54 crore.
The promoters holding in the company stood at 67.26%, while Institutions and Non-Institutions held 0.49% and 32.25% respectively.
Roto Pumps has commenced commercial production of Downhole Pumps at its new state of the art manufacturing facility at Greater Noida. The product category is Progressive Cavity Pumps. The product will cater to domestic and international markets.
Roto Pumps is engaged in the manufacture of vital components and complete pumps used in the mining industry.
