Tega Industries is currently trading at Rs. 587.75, up by 5.50 points or 0.94% from its previous closing of Rs. 582.25 on the BSE.
The scrip opened at Rs. 596.80 and has touched a high and low of Rs. 596.80 and Rs. 584.10 respectively. So far 4944 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 767.10 on 13-Dec-2021 and a 52 week low of Rs. 545.55 on 20-Dec-2021.
Last one week high and low of the scrip stood at Rs. 633.90 and Rs. 545.55 respectively. The current market cap of the company is Rs. 4462.83 crore.
The promoters holding in the company stood at 91.93%, while Non-Institutions held 8.07% stake in the company.
Tega Industries has received approval for setting up an additional, larger plant in Chile, at an estimated cost of Rs 175 crore, to be implemented in approximately 24 months, so as to cater to the growing Latin American markets demand. The Board of Directors of the company at their meeting held on December 23, 2021, approved the same.
Tega Industries is a leading manufacturer of specialized ‘critical to operate’ and recurring consumable products for the global mineral beneficiation, mining and bulk solids handling industry. Globally, it is the second largest producers of polymer-based mill liners.