Trading Tips for Rishi Laser

Rishi Laser is currently trading at Rs. 23.85, up by 0.50 points or 2.14% from its previous closing of Rs. 23.35 on the BSE.

The scrip opened at Rs. 23.30 and has touched a high and low of Rs. 25.90 and Rs. 23.30 respectively. So far 3221 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 38.75 on 08-Nov-2011 and a 52 week low of Rs. 18.65 on 14-Sep-2012.

Last one week high and low of the scrip stood at Rs. 25.90 and Rs. 23.10 respectively. The current market cap of the company is Rs. 20.95 crore.

Rishi Laser has recently commissioned the first of the three railway coach washing plants to be supplied to the Konkan Railway Corporation. This plant was designed and supplied on a turnkey basis with erection and commissioning on site.

Rishi Laser manufactures sheet steel/metal fabricated components and assemblies. Over a period the company expanded its fabrication capacity by setting up units in vicinity of the key clients and at present the company has 11 manufacturing facilities in five different states. [Via]

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