Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Aksh Optifibre surges on bagging order for eminent Jaipur Smart City Project

12-Jul2017

Aksh Optifibre surges on bagging order for eminent Jaipur Smart City Project

Aksh Optifibre is currently trading at Rs. 22.95, up by 1.30 points or 6.00% from its previous closing of Rs. 21.65 on the BSE.

The scrip opened at Rs. 21.60 and has touched a high and low of Rs. 23.75 and Rs. 21.55 respectively. So far 12,04,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 30.80 on 01-Nov-2016 and a 52 week low of Rs. 14.15 on 30-Aug-2016.

Last one week high and low of the scrip stood at Rs. 23.75 and Rs. 20.50 respectively. The current market cap of the company is Rs. 373.32 crore.

The promoters holding in the company stood at 27.64%, while Institutions and Non-Institutions held 1.36% and 71.00% respectively.

Aksh Optifibre, the leading Indian manufacturer of Optical Fibre, Optical Fibre Cables, Fibre Reinforced Composites and a major e-Governance & Turnkey service provider has been awarded the eminent Jaipur Smart City Project.

Jaipur Smart City is a project led and implemented by Jaipur Smart City (JSCL) who had invited a bid for development of smart road in ABD areas of Jaipur. The company had participated in the said bid and has been awarded with the Letter of Acceptance (LOA) from JSCL.

Aksh Optifibre is one of the leading providers of transmission solutions for the telecom industries globally. The various products & services are embedded in its diversified portfolio.



Related News

View all news

United Bank of India shines on getting nod to raise Rs 1,500 crore by various means

United Bank of India is currently trading at Rs. 11.05, up by 0.50 points or 4.74% from its previous closing of Rs. 10.55 on the BSE.The scrip opened at Rs. 10.85 and has touched a high and low of Rs.......

Pondy Oxides & Chemicals gains on planning to merge Meloy Metals with itself

Pondy Oxides & Chemicals is currently trading at Rs. 319.80, up by 1.85 points or 0.58% from its previous closing of Rs. 317.95 on the BSE.The scrip opened at Rs. 317.80 and has touched a high......

Venky's slips on reporting 41.52% fall in Q4 net profit

Venky's  (India) is currently trading at Rs. 1766.00, down by 56.15 points or 3.08% from its previous closing of Rs. 1822.15 on the BSE.The scrip opened at Rs. 1817.00 and has touched a high and......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......