Roto Pumps surges on receiving major export order from Hungary

Roto Pumps is currently trading at Rs. 457.10, up by 9.25 points or 2.07% from its previous closing of Rs. 447.85 on the BSE.

Roto Pumps
Roto Pumps

The scrip opened at Rs. 455.00 and has touched a high and low of Rs. 460.00 and Rs. 454.75 respectively. So far 343 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 2 has touched a 52 week high of Rs. 515.00 on 03-Jun-2022 and a 52 week low of Rs. 190.00 on 22-Jul-2021.

Last one week high and low of the scrip stood at Rs. 491.70 and Rs. 437.60 respectively. The current market cap of the company is Rs. 717.82 crore.

The promoters holding in the company stood at 70.45%, while Institutions and Non-Institutions held 1.82% and 27.73% respectively.

Roto Pumps has received a major Export Order from Hungary for supply of single screw pumps amounting to Rs 2.29 crore ($289,600). The supply of the said order is to be completed in by February, 2023.

Roto Pumps is engaged in the manufacture of vital components and complete pumps used in the mining industry.