Elgi Equipments, a leading air compressor manufacturer, experienced a mixed trading day with its stock opening at ₹512 and closing at ₹510.95. The stock reached a high of ₹522.55 and a low of ₹506.05 throughout the day’s trading activity.
The company currently boasts a market capitalization of ₹16,451.73 crore, reflecting its strong presence in the industry. Investors closely monitor market capitalization as it provides insight into the overall value of a company. A higher market capitalization indicates a larger, more established firm.
Elgi Equipments’ stock has seen a significant range of fluctuations over the past year, with a 52-week high of ₹622.95 and a low of ₹355.05. These highs and lows are crucial indicators for investors assessing the stock’s performance and potential profitability.
On the Bombay Stock Exchange (BSE), a total of 58,387 shares of Elgi Equipments were traded on the aforementioned trading day. Trading volume is an essential metric that demonstrates the level of investor interest in a particular stock.
Please note that this article is an AI-generated live blog and has not been reviewed or edited by the MintGenie staff.
– Stock: A type of financial security that represents ownership in a company.
– Market capitalization: The total value of a company’s outstanding shares of stock.
– 52-week high/low: The highest and lowest prices at which a stock has traded over a year.
– Bombay Stock Exchange (BSE): The largest stock exchange in India.
– Elgi Equipments’ stock data, market capitalization, and trading volume.