Thursday, 25 February 2016

Zicom climbs 4.5% ahead of Rail Budget 2016

Zicom is one the tech firm providing technology assistant to Indian Railways. Stocks of railway-related technology firms have gained momentum ahead of budget.


Zicom surged 4.5% to 72.70 ahead of Railway Budget 2016. Zicom is one the tech firm providing technology assistant to Indian Railways. Stocks of railway-related technology firms have gained momentum ahead of budget. 

The scrip opened at Rs. 69.2 and has touched a high and low of Rs. 73.7 and Rs. 69.2 respectively. So far 46111(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 140.49 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 188.9 on 26-Feb-2015 and a 52 week low of Rs. 63 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 78 and Rs. 68 respectively.

The promoters holding in the company stood at 20.98 % while Institutions and Non-Institutions held 2.87 % and 76.15 % respectively.

The stock is currently trading above its 200 DMA.

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