Somi Conveyor Beltings rises on securing order worth Rs 3.04 crore
Somi Conveyor Beltings is currently trading at Rs. 154.75, up by 2.80 points or 1.84% from its previous closing of Rs. 151.95 on the BSE.
The scrip opened at Rs. 154.95 and has touched a high and low of Rs. 155.05 and Rs. 154.10 respectively. So far 204 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 228.00 on 26-Dec-2024 and a 52 week low of Rs. 122.00 on 19-Feb-2025.
Last one week high and low of the scrip stood at Rs. 149.00 and Rs. 136.05 respectively. The current market cap of the company is Rs. 182.53 crore.
The promoters holding in the company stood at 59.09%, while Institutions and Non-Institutions held 0.09% and 40.81% respectively.
Somi Conveyor Beltings has secured order amounting to Rs 3.04 crore from Steel Authority of India for Supply of heavy duty material Nylon. The company to supply 800 Metres of Heavy Duty Material Nylon Conveyor Belt of Grade HR-120 at a unit rate of Rs 1,709.70; 4,000 Metres of Heavy Duty Material Nylon Conveyor Belt of Grade M24 at a unit rate of Rs 1,689.00 and 10000 Metres of Heavy Duty Material Nylon Conveyor Belt of Grade M24 at a unit rate of Rs 2,226.75. The order is to be executed by February 03, 2026.
Somi Conveyor Beltings is a manufacturer and exporter of rubber conveyor belt of all grades for material handling.
