Fiberweb (India) is currently trading at Rs. 85.95, up by 3.70 points or 4.50% from its previous closing of Rs. 82.25 on the BSE.
The scrip opened at Rs. 79.15 and has touched a high and low of Rs. 86.00 and Rs. 79.15 respectively. So far 10562 shares were traded on the counter.
The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 88.00 on 22-Jul-2016 and a 52 week low of Rs. 14.00 on 22-Sep-2015.
Last one week high and low of the scrip stood at Rs. 88.00 and Rs. 75.10 respectively. The current market cap of the company is Rs. 104.23 crore.
The promoters holding in the company stood at 55.51%, while Institutions and Non-Institutions held 2.79% and 41.70% respectively.
Fiberweb India has received export orders worth Rs 12.10 crore from U.S.A. Due to various research and development done by the company on its product and also preparing innovative converted products, it has been able to break through in the competitive market of U.S.A. with the orders of good profitability.
The company produces Spun Bond Non Woven Fabric (Technical Textile) and its various converted products. There is continuous research and development and also improvement by which company is able to get the value added products.
The company is pioneer in this field and being 100% EOU, largest exporter and a Star Export House. It has established its name as quality supplier in the international market. The company has successfully come out from BIFR last year. The reference to BIFR was due to fluctuation in the exchange rate and international scenario.
| Company Name | CMP |
|---|---|
| Welspun Living | 125.45 |
| Vardhman Textiles | 557.75 |
| Arvind | 387.20 |
| K.P.R. Mill | 926.40 |
| Page Industries | 37935.70 |
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