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Fiberweb India zooms on bagging order worth Rs 21.70 crore from U.S.A

Fiberweb (India) Ltd. | Textile | Textiles & Apparels | BSE: 507910 | NSE: FIBERWEB

07 Nov 2016 Evaluate

Fiberweb (India) is currently trading at Rs 149.80, up by 10.00 points or 7.15% from its previous closing of Rs. 139.80 on the BSE.

The scrip opened at Rs. 148.00 and has touched a high and low of Rs. 154.00 and Rs. 140.00 respectively. So far 32808 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 159.90 on 27-Oct-2016 and a 52 week low of Rs. 14.50 on 06-Nov-2015.

Last one week high and low of the scrip stood at Rs. 156.50 and Rs. 132.00 respectively. The current market cap of the company is Rs. 190.32 crore.

The promoters holding in the company stood at 66.16%, while Institutions and Non-Institutions held 2.79% and 31.05% respectively.

Fiberweb India has received further export orders worth Rs 21.70 crore from U.S.A., for agricultural, hygiene and laminated products. The total order book of Export orders hasreached to Rs 100 crore.

The U.S.A. is a very competitive market and gets supply from all over the world including local manufacturers. The company has been able to procure the orders due to our innovative products. There is good advantage in getting order for converted products as against traditional rolled goods. The constant Research and Development in this field has given your Company better price and bulk orders.

Further, 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. Recently U.K. market is also being explored as there is good opportunity due to Britex.

Fiberweb India is engaged in manufacturing and exporting of Non-Woven Spun Bonded Polypropylene Fabric across the world. It is a 100% Export Oriented Unit (EOU) with 75% of the products exported (25% deemed export) to countries like USA, UK, Europe, Australia, New Zealand, South Africa and Middle East countries.

Fiberweb India Share Price

38.20 1.81 (4.97%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Welspun Living	125.45
Vardhman Textiles	557.75
Arvind	387.20
K.P.R. Mill	926.40
Page Industries	37935.70
View more..

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Fiberweb India zooms on bagging order worth Rs 21.70 crore from U.S.A

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