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Suryavanshi Spinning Mills zooms on acquiring 100% stake in Fortune Eagle (HK) Trading

16 Jan 2012 Evaluate

Suryavanshi Spinning Mills is currently trading at Rs. 12.44, up by 0.29 points or 2.39% from its previous closing of Rs. 12.15 on the BSE.

The scrip opened at Rs. 11.31 and has touched a high and low of Rs. 12.44 and Rs. 11.31 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 29.45 on 02-Feb-2011 and a 52 week low of Rs. 9.10 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs. 12.45 and Rs. 10.85 respectively. The current market cap of the company is Rs. 16.51 crore.

The promoters holding in the company stood at 53.15% while Institutions and Non-Institutions held 0.19% and 46.65% respectively. 

Suryavanshi Spinning Mills, with a view to increase its overseas export business, has acquired 100% equity capital of Fortune Eagle (HK) Trading with face value of one Hong Kong Dollar (HK$).

Fortune Eagle (HK) Trading’s office is located at Room 1904, 19/F, Rightful Centre, 11-12 Tak Hing Street, Jordan, Kowloon, Hong Kong. The acquisition was done on November 21, 2011.

Suryavanshi Spinning Mills manufactures quality yarn to suit all requirements. The products of Suryavanshi are being exported to the countries like United States, Europe, Japan, China, Korea, Vietnam, Hong Kong, Bangladesh, Italy, Egypt, etc.

Suryavanshi Spg Mill Share Price

18.29 0.00 (0.00%)
06-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Trident 26.12
Filatex India 44.94
Nitin Spinners 419.70
Nahar Spinning Mills 249.20
Sanathan Textiles 427.00
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