Mafatlal Industries trades higher on the bourses

28 Sep 2015

Mafatlal Industries is currently trading at Rs. 221.00, up by 0.70 points or 0.32% from its previous closing of Rs. 220.30 on the BSE.

The scrip opened at Rs. 222.20 and has touched a high and low of Rs. 226.00 and Rs. 221.00 respectively. So far 1473 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 319.60 on 13-Aug-2015 and a 52 week low of Rs. 121.00 on 15-Dec-2014.

Last one week high and low of the scrip stood at Rs. 227.10 and Rs. 211.90 respectively. The current market cap of the company is Rs. 307.47 crore.

The promoters holding in the company stood at 74.89% while Institutions and Non-Institutions held 2.69% and 22.42% respectively.

Mafatlal Industries (MIL) is planning to open 90 ‘Family Shops’ to increase its retail outlets to 200 in the next three years. The company has recently opened a new showroom in Agra and another two will come up at Puducherry and Nadiad (Gujarat) next month. The company has integrated manufacturing facilities at Nadiad and Navsari in Gujarat.

MIL’s product portfolio comprises a complete range of products consisting of yarn dyed Shirtings, Suitings, Voiles, Prints, Linens, Bleached White Fabrics, Rubia, value added and fashion Denims, Corduroys, School Uniforms, Corporate/ Institutional Uniforms, Bed & Bath Linen and Readymades in Cotton, Linen, Polyester/ Cotton, Polyester/Viscose, Cotton/Lycra, PV/Lycra, Terry Rayon and Polyester wool blends.


 

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SEBI Registered: Investment Adviser - INA000013323
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