Arvind is currently trading at Rs. 291.20, up by 6.40 points or 2.25% from its previous closing of Rs. 284.80 on the BSE.
The scrip opened at Rs. 286.00 and has touched a high and low of Rs. 292.50 and Rs. 284.85 respectively. So far 96175 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 327.50 on 03-Aug-2015 and a 52 week low of Rs. 216.20 on 16-Jun-2015.
Last one week high and low of the scrip stood at Rs. 292.50 and Rs. 282.00 respectively. The current market cap of the company is Rs. 7534.24 crore.
The promoters holding in the company stood at 43.78% while Institutions and Non-Institutions held 31.36% and 24.86% respectively.
Arvind, one of the largest integrated textile and branded apparel player is reportedly planning to start its online retail journey with two women’s in-house fashion labels, Shuffle and Prime. These two brands will be sold on Amazon, Flipkart and Snapdeal by the end of October. The brands will also be sold through Arvind’s e-commerce platform likely to be launched in 2016.
Arvind is India's largest integrated textile player and is one of the oldest and most respected groups in the Textile Business in India. The company is also one of the largest producers of denim fabrics and is supplier to a large number of fashion brands in the world.
