Stylam Industries trades jubilantly on plan of selling commercial space in Panchkula

03 Feb 2017

Stylam Industries is currently trading at Rs. 522.00, up by 32.45 points or 6.63% from its previous closing of Rs. 489.55 on the BSE.

The scrip opened at Rs. 520.00 and has touched a high and low of Rs. 522.00 and Rs. 504.45 respectively. So far 5069 shares were traded on the counter.

The BSE group 'XC' stock of face value Rs. 10 has touched a 52 week high of Rs. 649.00 on 18-Aug-2016 and a 52 week low of Rs. 152.60 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 522.00 and Rs. 440.00 respectively. The current market cap of the company is Rs. 376.05 crore.

The promoters holding in the company stood at 58.83%, while institutions and non-institutions held 0.91% and 40.27% respectively.

Stylam Industries has proposed sale of commercial space having covered area of 13500 square meter facing Golf Course, IT Park in Panchkula. This has been decided by board of directors to focus on its core business of the company.

The company is engaged in manufacturing decorative laminated sheets for both home and industry use the company is charting a phenomenal growth pattern.

Related Stylam Industries Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323