NGT allows Triveni Engg to resume ops at Muzaffarnagar unit

Triveni Engineering & Industries said that the National Green Tribunal, Principal Bench, New Delhi has allowed to carry on the manufacturing activities at the company’s distillery in Muzaffarnagar (UP) with immediate effect with certain stipulations. The company said in a BSE filing on Monday, post market hours.

Jul 25, 2017 05:07 IST India Infoline News Service

Bombay Stock Exchange, BSE
Triveni Engineering & Industries said that the National Green Tribunal, Principal Bench, New Delhi has allowed to carry on the manufacturing activities at the company’s distillery in Muzaffarnagar (UP) with immediate effect with certain stipulations. The company said in a BSE filing on Monday, post market hours.
 
The stock was trading at Rs 81, up by Rs 3 or 3.85% as at 1022 hours on Tuesday, on the BSE.
 
The stock has attracted a traded volume of 8,34,474shares and traded value of Rs 668.91 lakh on the NSE. The stock has hit its 52-week high of Rs 99.90 on April 24, 2017 and 52-week low of Rs 48.70 on September 29, 2016.
 
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Triveni Engineering and Industries Ltd is currently trading at Rs 83, up by Rs 5 or 6.41% from its previous closing of Rs 78 on the BSE.
 
The scrip opened at Rs 78.9 and has touched a high and low of Rs 84.3 and Rs 78.9 respectively. So far 2792731(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 2011.97 crore.
 
The BSE group 'B' stock of face value Rs 1 has touched a 52 week high of Rs 100 on 25-Apr-2017 and a 52 week low of Rs 47.2 on 09-Nov-2016. Last one week high and low of the scrip stood at Rs 81 and Rs 69.5 respectively.
 
The promoters holding in the company stood at 68.22 % while Institutions and Non-Institutions held 7.6 % and 24.19 % respectively.
 
The stock is currently trading above its 100 DMA.

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