Pioneer Embroideries is currently trading at Rs. 30.75, up by 1.70 points or 5.85% from its previous closing of Rs. 29.05 on the BSE.
The scrip opened at Rs. 29.35 and has touched a high and low of Rs. 31.10 and Rs. 29.35 respectively. So far 5,001 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 48.00 on 06-Aug-2015 and a 52 week low of Rs. 9.56 on 17-Oct-2014.
Last one week high and low of the scrip stood at Rs. 31.10 and Rs. 28.00 respectively. The current market cap of the company is Rs. 54.40 crore.
The promoters holding in the company stood at 46.27% while Institutions and Non-Institutions held 5.39% and 48.34% respectively.
Pioneer Embroideries has settled its total dues including Optionally Convertible Cumulative Redeemable Preference Shares (OCCRPS), from State Bank of India (SBI) under a One Time Settlement (OTS) and paid the settlement amount in full on September 15, 2015.
The company has made necessary adjustments in its books including cancellation of the OCCRPS surrendered by the bank.
Pioneer Embroideries is one of the largest manufacturer-exporter of embroideries, Torchon/Bobbin laces, Raschel laces and other garment accessories. It is also the proud owners of the no.1 retail brand for embroidered clothing ‘Hakoba’.
