Fiberweb India moves higher on bagging export order for Rs 15.40 crore

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

07 Dec 2016 Evaluate

Fiberweb (India) is currently trading at Rs. 130.10, up by 1.95 points or 1.52% from its previous closing of Rs. 128.15 on the BSE.

The scrip opened at Rs. 132.95 and has touched a high and low of Rs. 132.95 and Rs. 126.20 respectively. So far 35859 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. 16.00 on 23-Dec-2015.

Last one week high and low of the scrip stood at Rs. 134.00 and Rs. 123.75 respectively. The current market cap of the company is Rs. 163.62 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 bagged export order worth Rs 15.40 crore from USA, which is a very competitive market. The company has been able to procure this order for converted products

with better margin. This is a repeat order and the delivery is after six months as there is over-booked position of orders in the company.

If there is any change in raw material prices the same will be taken carefully at the time of execution of order, by increase in sale price, as such the margin of profit will remain intact. This product’s demand has picked up very well and is likely to grow more and more in future.

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

36.50 -1.40 (-3.69%)

11-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Welspun Living	135.90
Vardhman Textiles	605.20
Arvind	441.40
K.P.R. Mill	937.05
Page Industries	36214.40
View more..

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