Signet Industries zooms on securing order worth Rs 51.84 crore

Signet Industries is currently trading at Rs. 25.70, up by 1.45 points or 5.98% from its previous closing of Rs. 24.25 on the BSE.

The scrip opened at Rs. 24.55 and has touched a high and low of Rs. 27.70 and Rs. 24.00 respectively. So far 1439 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 54.35 on 25-Jan-2019 and a 52 week low of Rs. 19.10 on 23-Aug-2019.

Last one week high and low of the scrip stood at Rs. 27.70 and Rs. 21.00 respectively. The current market cap of the company is Rs. 76.24 crore.

The promoters holding in the company stood at 71.24% and Non-Institutions held 28.76%.

Signet Industries has secured the order worth Rs 51.84 crore from TATA Projects (TPL) for supply of HDPE pipes for Hanotha Dam Irrigation Project.

Signet Industries is engaged in manufacturing of plastic products and whole sale trade of chemicals & plastic materials.

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