Liberty Shoes is currently trading at Rs. 296.45, up by 1.50 points or 0.51% from its previous closing of Rs. 294.95 on the BSE.
The scrip opened at Rs. 296.00 and has touched a high and low of Rs. 303.90 and Rs. 292.30 respectively. So far 42558 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 351.00 on 22-Jul-2014 and a 52 week low of Rs. 67.80 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 351.00 and Rs. 292.60 respectively. The current market cap of the company is Rs. 502.68 crore.
The promoters holding in the company stood at 64.92% while Institutions and Non-Institutions held 0.07% and 35.01% respectively.
Liberty Shoes, a leading shoe manufacturer, has added 21 new exclusive stores in Company Owned & Company Operated (COCO) & Franchise format and also plans to add 20 more new exclusive stores in the second quarter. The company in this quarter has witnessed growth of over 14% in its own stores. The board of directors at its meeting held on July 23, 2014 has taken the note of it.
The company has bagged major Institutional order worth Rs 48 crore approximately and the supplies will now be made in the second quarter, although part of which were earlier planned in the first quarter which affected the sales targets.
Further, the company plans to restructure its operations by consolidating the business available from group concerns under franchise arrangements is under active consideration.
Liberty Shoes is amongst the top 5 manufacturers of leather footwear of the world producing more than 50,000 pairs a day using a capacity of more than 3 lakhs square feet of leather per month.
| Company Name | CMP |
|---|---|
| Bata india | 757.05 |
| Relaxo Footwears | 309.20 |
| Campus Activewear | 248.00 |
| Liberty Shoes | 269.65 |
| Mirza International | 33.77 |
| View more.. | |
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