18 Sep 2025

Bhagyanagar India Rises on Incorporating Wholly Owned Subsidiary ‘Tieramet’

Bhagyanagar India is currently trading at Rate RS 94.00, up by 0.54 points or 0.58% from its previous closing of Rate RS 93.46 on the BSE.

The stock opened at Rate RS 95.99 and touched a high of Rate RS 95.99 and a low of Rate RS 92.62 during the session. A total of 950 shares have been traded so far.

The BSE group 'T' stock, with a face value of Rate RS 2, has recorded a 52-week high of Rate RS 115.85 on 22-Jul-2025 and a 52-week low of Rate RS 63.01 on 07-Apr-2025.

Over the last week, the stock traded between a high of Rate RS 96.45 and a low of Rate RS 89.50. The company’s current market capitalization stands at Rate RS 300.75 crore.

Promoters hold 70.45% stake in the company, while institutions and non-institutions hold 0.28% and 29.27% respectively.

Bhagyanagar India has incorporated a wholly owned subsidiary named ‘Tieramet’. This subsidiary will focus on manufacturing and processing copper and copper-based products for various industrial applications, including electrical and telecommunications. It will also work in the renewable energy sector, developing and supplying clean energy systems and technologies.

Bhagyanagar India is engaged in manufacturing copper rods, foils, pipes, sheets, annealed bare copper strips, paper-insulated copper conductors, and insulated copper coils (field coils).