Mafatlal Industries is currently trading at Rs. 263.00, up by 0.75 points or 0.29% from its previous closing of Rs. 262.25 on the BSE.
The scrip opened at Rs. 266.00 and has touched a high and low of Rs. 270.00 and Rs. 263.00 respectively. So far 1045 shares were traded on the counter.
The BSE group 'XC' stock of face value Rs. 10 has touched a 52 week high of Rs. 374.40 on 27-Oct-2016 and a 52 week low of Rs. 247.15 on 22-Mar-2017.
Last one week high and low of the scrip stood at Rs. 270.00 and Rs. 257.00 respectively. The current market cap of the company is Rs. 365.91 crore.
The promoters holding in the company stood at 74.86%, while institutions and non-institutions held 2.60% and 22.54% respectively.
Mafatlal Industries will make foray into apparel business by introducing ready-to-wear fashion wear at affordable pricing. The company has identified three-four anchor categories for the same. The company has a good retail presence mainly in western region. The company was a popular and leading brand of yesteryear and now wants to restore the same old glory.
Mafatlal Industries is an India-based holding company. The company operates in textile segment with Textiles and Denim business units. The company operates in both, the business to business (B2B) and the business to consumer (B2C)/retail sector.
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Alok Inds | 26.97 |
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