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KDDL skyrockets on establishing new division for implementation of E-Commerce business

08 Feb 2012 Evaluate

KDDL is trading at Rs. 139.00, up by 7.90 points or 6.03% from its previous closing of Rs. 131.10 on the BSE.

The scrip opened at Rs. 138.80 and has touched a high and low of Rs. 146.00 and Rs. 135.00 respectively. So far 10765 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 188.00 on 27-Jul-2011 and a 52 week low of Rs. 87.40 on 11-Feb-2011.

Last one week high and low of the scrip stood at Rs. 148.80 and Rs. 124.05 respectively. The current market cap of the company is Rs. 114.09 crore.

The promoters holding in the company stood at 52.30% while Institutions and Non-Institutions held 1.28% and 46.42% respectively.

KDDL has received an approval to establish a new division of the company for the implementation of E-Commerce business. The board at its meeting held on February 07, 2012 has approved for the same.

The company has also received in-principle approval for sale of assets of packaging division, KPAC of the company subject to approval of the shareholders to a subsidiary company.

KDDL, formerly known as Kamla Dials and Devices is engaged in the manufacture of watch and watch components and precision engineering. The company is a leading global supplier, serving many well-known watch-brands all over the world.

KDDL Share Price

2443.40 56.65 (2.37%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Timex Group India 313.55
KDDL 2443.40
Luxury Time 67.50
M&I Watches
Sonam
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