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PBM Polytex trades higher on the bourses

23 May 2014

PBM Polytex is currently trading at Rs. 63.95, up by 1.75 points or 2.81% from its previous closing of Rs. 62.20 on the BSE.

The scrip opened at Rs. 60.00 and has touched a high and low of Rs. 64.55 and Rs. 60.00 respectively. So far 3312 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 65.85 on 09-May-2014 and a 52 week low of Rs. 32.80 on 05-Aug-2013.

Last one week high and low of the scrip stood at Rs. 65.00 and Rs. 54.00 respectively. The current market cap of the company is Rs. 51.99 crore.

The promoters holding in the company stood at 74.18% while Institutions and Non-Institutions held 1.19% and 24.62% respectively.

Workers have resumed their work at Petlad unit at PBM Polytex on May 23, 2014 and partial production at the said unit of the Company has started. The Company hope that full production will start in next few days. Earlier, the workers at Petlad unit of company had gone on illegal strike on invalid reasons and therefore production at the unit of the Company had totally stopped since May 14, 2014.

PBM manufactures a wide range of products from Ne 24’s to Ne 80’s, both single and TFO doubled yarns from as many as 25 raw material mixes. Besides Indigenous raw cotton like DCH 32, MCU 5, Shankar 6 and MECH.

Related PBM Polytex Ltd. Links:

PBM Polytex Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323