Lanco Industries Share Price | Share Value

Lanco Industries is currently trading at Rs. 28.50, up by 1.95 points or 7.34% from its previous closing of Rs. 26.55 on the BSE.

The scrip opened at Rs. 26.65 and has touched a high and low of Rs. 28.85 and Rs. 26.65 respectively. So far 104241 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 32.25 on 17-Feb-2012 and a 52 week low of Rs. 17.75 on 22-Dec-2011.

Last one week high and low of the scrip stood at Rs. 28.85 and Rs. 25.65 respectively. The current market cap of the company is Rs. 106.77 crore.

The promoters holding in the company stood at 50.78% while Institutions and Non-Institutions held 0.71% and 48.51% respectively.

Lanco Industries has received approval for the project of Mini Cement Plant of 3,00,000 TPA with Rotary Kiln at an estimated capital outlay of Rs 125 crore in place of existing Vertical Shaft Kiln. The company’s board of directors at its meeting held on November 10, 2012 approved the same.

Lanco Industries is engaged in the manufacturing of DI pipes, foundry and SG-grade pig iron and portland slag cement with DI pipes being the main product. [Via]

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