ISGEC Heavy Engineering sign Technology Agreement with AP&T

The company has signed a Technology Agreement with AP&T of Sweden for cooperation in the manufacture of and other equipments for Press Hardening Line.

Dec 23, 2016 12:12 IST India Infoline News Service

Woman doing metal work
ISGEC Heavy Engineering Ltd has informed BSE that the company has signed a Technology Agreement with AP&T of Sweden for cooperation in the manufacture of  and other equipments for Press Hardening Line.

ISGEC Heavy Engineering  Ltd is currently trading at Rs 4500, down by Rs 0 or 0% from its previous closing of Rs 4500 on the BSE.

The scrip opened at Rs 4430.15 and has touched a high and low of Rs 4513 and Rs 4389 respectively. So far 3037(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 3308.83 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 5499 on 11-Jul-2016 and a 52 week low of Rs 3550.5 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs 4588 and Rs 4400 respectively.

The promoters holding in the company stood at 62.27 % while Institutions and Non-Institutions held 4.45 % and 33.28 % respectively.

The stock is currently trading below its 100 DMA.

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