Binani Industries shares down 7 percent

By siliconindia   |   Tuesday, April 27, 2010
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Bangalore: After having a dull trading throughout the day, Binani Industries ended the day on low note with a loss of Rs.9.15 (6.56 percent). During the day, the company traded in the range of Rs.129.35 - Rs.138.80. In all 508962 shares were traded throughout the day with current P/E ratio of 13.37. The company has 52-weeks high value of Rs. 142.80 and low of Rs.49.95. The stock price chart for 52-weeks is given on left. Binani Industries is an India-based holding company, which operates through its subsidiaries. The company operates in three segments: zinc and by products, cement, and glass fiber and its products. The company's subsidiaries include Binani Cement, Binani Zinc, Goa Glass Fibre, BT Composites and Wada Industrial Estate. During the fiscal ended March 31, 2009, BCL produced 42.92 lakhs metric tons of cement and sold 42.43 lakhs metric tons of cement. I n fiscal 2009, the company's zinc production was 30,443 metric tons. WIEL focuses on undertaking activities relating to development of real estate. Other cement companies also ended the day on low note.
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