Sundaram Brake: SEZ Unit-IV at Mahindra World City resumes production

India Infoline News Service | Mumbai | August 02, 2016 11:51 IST

Sundaram Brake Linings Ltd has announced that the regular production at the plant has been resumed from August 01, 2016.

News, Neuigkeiten
With reference to the earlier letter dated February 02, 2015 regarding temporary stoppage of production in Plant 4 located in Mahindra World City Chengalpet, Sundaram Brake Linings Ltd has announced that the regular production at the plant has been resumed from August 01, 2016.

The scrip opened at Rs. 347 and has touched a high and low of Rs. 354 and Rs. 340 respectively. So far 9914(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 136.1 crore.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 370 on 25-Jul-2016 and a 52 week low of Rs. 212 on 07-Sep-2015. Last one week high and low of the scrip stood at Rs. 367.7 and Rs. 324 respectively.
The promoters holding in the company stood at 65.54 % while Institutions and Non-Institutions held 0.57 % and 33.89 % respectively.
The stock is currently trading above its 50 DMA.


***Note: This is a NSE Chart

 

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