Fedders Lloyd Corporation is currently trading at Rs. 83.10, up by 0.65 points or 0.79% from its previous closing of Rs. 82.45 on the BSE.
The scrip opened at Rs. 83.10 and has touched a high and low of Rs. 83.75 and Rs. 82.50 respectively. So far 6678 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 109.25 on 03-Dec-2015 and a 52 week low of Rs. 58.10 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 86.00 and Rs. 79.85 respectively. The current market cap of the company is Rs. 256.47 crore.
The promoters holding in the company stood at 47.00%, while institutions and non-institutions held 0.16% and 52.84% respectively.
Fedders Lloyd Corporation (FLCL) has incorporated a wholly owned subsidiary Fedders Lloyd Nigeria (FLNL) in Nigeria on October 20, 2016. The business of FLNL is mainly in line with the company.
FLNL will engage in engineering, procurement and construction activities for various sectors including but not limited to railways, power, infrastructure etc. and undertake projects related to renewable sources of energy including solar energy.
FLCL provides customized solutions on a turnkey basis in the areas of infrastructure, involving manufacturing, engineering, designing of Steel Structures, Engineering and Procurement & Construction (EPC) for transmission of power, manufacture and supply of towers for wind turbines, and environment control systems for industrial and customized applications.
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