Rupa & Company is locked at upper circuit limit at Rs. 329.40, up by 54.90 points or 20.00% from its previous closing of Rs. 274.50 on the BSE.
The scrip opened at Rs. 314.50 and has touched a high and low of Rs. 329.40 and Rs. 305.10 respectively. So far 41,000 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 1 has touched a 52 week high of Rs. 451.30 on 01-Jun-2015 and a 52 week low of Rs. 201.10 on 08-May-2015.
Last one week high and low of the scrip stood at Rs. 329.40 and Rs. 270.20 respectively. The current market cap of the company is Rs. 2,619.54 crore.
The promoters holding in the company stood at 74.93% while Non-Institutions held 25.07% respectively.
Rupa & Company’s wholly-owned subsidiary -- Oban Fashions -- has on April 07, 2016, entered into a definitive license agreement with French Connection. Accordingly, Oban Fashions has acquired the exclusive license from French Connection to develop, manufacture, marketing and sale of the innerwear and related products with the Brand name ‘FCUK’ in India.
Rupa & Company exports its branded products to Myanmar, West Asia and African markets such as Nigeria and Ghana.