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Textile companies in demand as FM allocates Rs 200 crore for 6 more textile clusters

10 Jul 2014 Evaluate

Finance Minister has allocated Rs 200 crore for 6 more textile clusters in Rae Bareily, Lucknow,Surat, Bhagalpur.

Bombay Rayon Fashions is currently trading at Rs. 163.25, up by 7.55 points or 4.85% from its previous closing of Rs. 155.70 on the BSE. The scrip opened at Rs. 156.20 and has touched a high and low of Rs. 168.10 and Rs. 156.15 respectively. So far 6188 shares were traded on the counter.

Mandhana Industries is currently trading at Rs. 242.00, up by 0.85 points or 0.35 % from its previous closing of Rs. 241.15 on the BSE. The scrip opened at Rs. 243.20 and has touched a high and low of Rs. 246.50 and Rs. 236.00 respectively. So far 8102 shares were traded on the counter.

Peers
Company Name CMP
Vardhman Textiles 534.45
Welspun Living 227.60
Arvind 539.60
Raymond Lifestyle 642.05
K.P.R. Mill 1103.45
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