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Nandan Denim rallies as promoter hikes stake in the company

24 Dec 2014 Evaluate

Nandan Denim is currently trading at Rs. 62.90, up by 6.35 points or 11.23 % from its previous closing of Rs. 56.55 on the BSE.

The scrip opened at Rs. 59.00 and has touched a high and low of Rs. 64.35 and Rs. 58.00 respectively. So far 189030 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 58.60 on 15-Dec-2014 and a 52 week low of Rs. 27.20 on 06-Mar-2014.

Last one week high and low of the scrip stood at Rs. 58.25 and Rs. 45.40 respectively. The current market cap of the company is Rs. 291.51 crore.

The promoters holding in the company stood at 58.77 % while Institutions and Non-Institutions held 3.65 % and 37.58 % respectively.

Devkinandan Corporation LLP, one of the promoters of Nandan Denim has increased stake in the company via open market. The promoter company purchased 61,300 shares of the company on December 19, 2014 at an average price of Rs 50.50 per share via open market through BSE and NSE.

Earlier on December 18, Devkinandan Corporation LLP bought 65,308 shares at an average price of Rs 48.54 per share from open market. Devkinandan Corporation LLP acquired 631,910 equity shares or 1.38% stake in Nandan Denim between October 1, 2014 and December 19, 2014. Total holding of Devkinandan Corporation LLP in the company increased to 5.72% from 4.34% at the end of September 2014 quarter.

Nandan Denim is company engaged in textile industry, manufacturing gray cotton fabrics, khakhis and denims.

Nandan Denim Share Price

2.69 0.05 (1.89%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
View more..

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