Foseco India is currently trading at RS. 6645.10, up by 144.40 points or 2.22% from its previous closing of RS. 6500.70 on the BSE.

The stock opened at RS. 6460.75 and touched a high of RS. 6660.00 and a low of RS. 6253.90. A total of 4795 shares have been traded so far.

The BSE group 'B' stock with a face value of RS. 10 hit a 52-week high of RS. 6684.35 on August 22, 2025, and a 52-week low of RS. 3239.65 on February 28, 2025. Over the last week, the stock traded between RS. 6684.35 and RS. 4753.70. The company’s current market capitalization stands at RS. 4065.94 crore.

Promoter holding in the company is at 74.98%, while institutions and non-institutions hold 0.74% and 24.27% respectively.

Foseco India (FIL), part of the Vesuvius Group, has signed a definitive agreement to acquire a 75% stake in Morganite Crucible (India) (MCIL) from its promoters — Morganite Crucible and Morgan Terrassen B.V., both part of the Morgan Group. MCIL is the holding company for Molten Metals Systems (MMS), a leading provider of advanced crucibles, particularly for non-ferrous applications.

The acquisition will be executed through the issue and allotment of 1,150,800 fresh equity shares of FIL, based on a swap ratio of 274 FIL shares for every 1000 MCIL shares. The deal will also trigger a mandatory open offer by FIL to acquire up to 25% of MCIL’s public shareholding, in compliance with SEBI takeover regulations.

Completion of the acquisition is subject to regulatory and shareholder approvals, along with certain pre-completion requirements, and is expected by early October 2025. This move is aligned with Vesuvius Group’s larger acquisition of the global MMS business from the Morgan Group, aimed at strengthening its foundry business in the fast-growing non-ferrous market in India. The integration is also expected to bring substantial cost synergies, enhancing value creation.

Foseco India continues to be a global leader in high-performance foundry consumables and innovative solutions, driving efficiency and excellence in the foundry process.