Sutlej Textiles gains on starting commercial production at Chenab Textile Mills

03 Nov 2014

Sutlej Textiles & Industries is currently trading at Rs. 361.15, up by 5.55 points or 1.56 % from its previous closing of Rs. 355.60 on the BSE.

The scrip opened at Rs. 360.90 and has touched a high and low of Rs. 361.15 and Rs. 360.90 respectively. So far 25 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 445.45 on 23-Sep-2014 and a 52 week low of Rs. 169.50 on 13-Nov-2013.

Last one week high and low of the scrip stood at Rs. 377.00 and Rs. 339.00 respectively. The current market cap of the company is Rs. 591.67 crore.

The promoters holding in the company stood at 63.83 % while Institutions and Non-Institutions held 0.02 % and 36.15 % respectively.

Sutlej Textiles and Industries has started commercial production of Expansion Project of 31,104 spindles at company’s Unit Chenab Textile Mills (CTM), Kathua, Jammu & Kashmir. The company has started the same with effect from November 01, 2014

Sutlej Textiles is one of the largest textiles manufacturers company offers formal wear fabric, p/v fabric, suitings, fair trade yarn etc. The company excels in all stages of textiles productions. Its versatile production facilities are vertically integrated, from spinning and weaving to dyeing and finishing to making apparel.

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Sutlej Textiles&Inds Share Price

36.65 2.45 (7.16%) Jan 17, 18:01
1 Year Price Chart
Peers
Company Name CMP
Trident 7.39
Filatex India 41.45
Sutlej Textiles&Inds 36.65
Nahar Ind.Enterprise 30.95
Nitin Spinners 58.40
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Sensex vs Sutlej Textiles&Inds
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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