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KAMDHENU ISPAT LIMITED entered into capital market in 2006 to invite public participation in raising funds in order to give effect to its expansion plans. The Initial Public offer was for the issue of 1,28,00,000 Equity Shares for cash at a price of Rs. 25/- each. The IPO has been a success for the company and the share equities have shown consistent performance both at the NSE and BSE.

The performance of the share equities at the Bombay Stock Exchange is being reproduced hereinbelow for the Financial Year 2008-09:

MONTH BSE Indices NSE
 
High (Rs.)
Low (Rs.)
Closing
Volume (No.)
High (Rs.)
Low (Rs.)
Closing
Volume (No.)
April, 2009
20.30
12.70
14.56
138473
20.45
12.90
14.55
224176
May, 2009
26.20
14.80
24.41
322477
26.35
13.25
24.55
471130
June, 2009
26.85
17.45
19.05
199331
26.00
17.70
19.55
391967
July, 2009
19.75
14.75
17.00
440358
20.50
14.90
17.35
573541
August, 2009
22.70
14.65
20.05
726668
20.70
16.15
19.85
1049490
September, 2009
20.75
18.55
19.55
238853
21.30
18.65
19.70
236536
October, 2009
20.20
16.35
16.50
117931
20.15
16.20
16.75
107947
November, 2009
18.50
15.75
17.30
80790
18.55
15.30
17.65
144693
December, 2009
21.25
17.05
21.25
137922
21.50
17.35
21.50
280650
January, 2010
25.70
19.05
19.85
679540
25.45
19.00
19.75
995282
February, 2010
21.80
17.90
18.40
113940
21.10
18.00
18.55
309076
March, 2010
19.90
17.30
17.60
266187
20.30
17.50
17.85
362719

(Based on month ended closing price of Kamdhenu on BSE and month ended BSE Sensex)

The movement of the share prices to the movement of the BSE Sensex is plotted as under:

Copyright © 2008 Kamdhenu Ispat Limited. All Right Reserved.