On Wednesday, Integra Essentia shares closed at ₹3.92. On Thursday, this share reached ₹4.11 as soon as the market opened. During this time, the share hit an upper circuit of 5 percent.
Integra Essentia Ltd stock: There are many stocks in the stock market in which Life Insurance Corporation of India (LIC) has stakes. One such stock is Integra Essentia Ltd. This penny stock priced less than ₹5 has been rising for the last few trading days. This small cap stock has been touching the upper circuit for four consecutive trading days.
Upper circuit in the stock
On Wednesday, Integra Essentia shares closed at Rs 3.92. On Thursday, the stock reached Rs 4.11 as soon as the market opened. During this period, the stock hit an upper circuit of 5 per cent. The stock touched a level of Rs 7.69 in January 2024. This is the 52-week high of the stock. In August 2023, the share price was Rs 2.50. This is the 52-week low of the stock.
The company has received the order
The company’s order book update said, “We are thrilled to announce the receipt of substantial new orders for our Agro and Infrastructure business segments. The total aggregate value of these orders is approximately ₹210 million (₹21 crore). LIC-owned small cap stock Integra Essentia has received a new order of ₹21 crore.
This is a testimony to the company’s strong business prospects. In the Infra business segment, the company has secured significant orders for high-tensile TOR steel. These orders will further strengthen our presence in the Infra business.
Details of shareholding pattern
As per the shareholding pattern of March 2024 quarter, the promoters hold 20.81 per cent stake in Integra Essentia. At the same time, public shareholding is 79.19 per cent. Talking about public shareholders, insurance company LIC holds 97,19,832 shares or 1.06 per cent stake.
