MoneyWorks4Me

Arvind trades higher on the bourses

29 May 2015 Evaluate

Arvind is currently trading at Rs. 239.00, up by 1.00 points or 0.42% from its previous closing of Rs. 238.00 on the BSE.

The scrip opened at Rs. 237.80 and has touched a high and low of Rs. 243.50 and Rs. 236.00 respectively. So far 268851 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 341.40 on 16-Sep-2014 and a 52 week low of Rs. 181.15 on 30-May-2014.

Last one week high and low of the scrip stood at Rs. 246.70 and Rs. 222.00 respectively. The current market cap of the company is Rs. 6151.35 crore.

The promoters holding in the company stood at 43.74% while Institutions and Non-Institutions held 31.10% and 25.16% respectively.

Arvind is all set to launch first Gap Store in India on May 30th, 2015. The first Gap store will open in New Delhi and offer a wide range of clothing and accessories from the Gap, GapKids and babyGap Summer 2015 collections. This will be the first of several stores to open within the first year.

Since opening its doors in 1969, Gap brand has been known for offering consumers cool, modern American designs fit for every occasion. Customers worldwide have looked to the iconic international brand for on-trend, casual clothing and accessories that help them express their personal sense of style. The collections are a modern interpretation of Gap's denim roots and signature pieces that are a staple for every wardrobe.

Arvind has a portfolio of 12 of its own brands. It also runs the country’s largest value retail chain Megamart and the UK-based department store chain Debenhams, and the apparel specialty retail chain Next.

 

Peers
Company Name CMP
Vardhman Textiles 528.10
Welspun Living 226.65
Arvind 511.50
Raymond Lifestyle 574.80
K.P.R. Mill 1081.30
View more..