Meera Industries is currently trading at Rs. 189.00, up by 8.00 points or 4.42% from its previous closing of Rs. 181.00 on the BSE.
The scrip opened at Rs. 189.00 and has touched a high and low of Rs. 189.00 and Rs. 189.00 respectively. So far 1500 shares were traded on the counter.
The BSE group ‘M’ stock of face value Rs. 10 has touched a 52 week high of Rs. 250.00 on 17-Jun-2019 and a 52 week low of Rs. 166.00 on 10-Oct-2018.
Last one week high and low of the scrip stood at Rs. 189.00 and Rs. 180.00 respectively. The current market cap of the company is Rs. 84.10 crore.
The promoters holding in the company stood at 62.93%, while Non-Institutions held 37.07% stake in the company.
Meera Industries has secured new orders worth $323,000 from two companies. The company has received order from Siam Brothers Corp (Thailand) worth $206,000 and from ZM Makina Tekstil (Turkey) of $117,000. These orders will provide a fillip to the company’s focus on globalization as a driver for growth. The orders are scheduled to be dispatched by end of 2nd quarter of FY 2019-20.
Meera Industries is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries. The company’s products are sold under the brand name ‘MEERA’.