Sacheta Metals surges on bagging order worth Rs 360 million from Mozambique

Sacheta Metals is currently trading at Rs. 46.45, up by 1.50 points or 3.34 % from its previous closing of Rs. 44.95 on the BSE.

The scrip opened at Rs. 45.00 and has touched a high and low of Rs. 48.50 and Rs. 44.65 respectively. So far 14433 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 59.00 on 15-Jun-2018 and a 52 week low of Rs. 29.00 on 10-Oct-2018.

Last one week high and low of the scrip stood at Rs. 49.40 and Rs. 42.00 respectively. The current market cap of the company is Rs. 88.83 crore.

The promoters holding in the company stood at 55.97%, while Institutions and Non-Institutions held 0.01 % and 44.02% respectively.

Sacheta Metals has received contract of Rs 360 million from Mozambique and Rs 60 million contract from Berbera & other countries.

Sacheta Metals at present is one of the major manufacturers & exporters of Aluminium Utensils - Casting - Sheet - Circles, Non Stick Cookware - Pressure Cooker & other Houseware & also Stainless Steel Kitchenware in India.