Chandni Textiles Engineering Industries is currently trading at Rs. 22.35, up by 0.40 points or 1.82 % from its previous closing of Rs. 21.95 on the BSE.
The scrip opened at Rs. 22.35 and has touched a high and low of Rs. 22.35 and Rs. 21.65 respectively. So far 48363 shares were traded on the counter.
The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 22.35 on 12-Jun-2017 and a 52 week low of Rs. 6.50 on 16-Aug-2016.
Last one week high and low of the scrip stood at Rs. 22.35 and Rs. 18.70 respectively. The current market cap of the company is Rs. 36.07 crore.
The promoters holding in the company stood at 46.50%, while Non-Institutions held 53.50% stake of the company.
Chandni Textiles Engineering Industries is expanding its capacity to manufacture Plastic Moulded Fruit & Vegetable Crates from the present average 7,50,000 crates per annum to average 22,50,000 crates per annum. For this, the company has placed order for 2 injection moulding machines of 580 ton capacity each and has also paid advance to the machinery manufacturer and expects the delivery of the machines shortly. It plans to operate in High quality & high margin products. This will increase the company's turnover and profitability.
Chandni Textiles Engineering Industries is engaged in the manufacture of yarn and fabrics. The company has its manufacturing facilities at Daman in the Union Territory of Daman & Diu with installed capacities of 461,000 meters woven fabric and 405 MT chennile yarn. It has outsourced manufacturing of velvet fabrics.
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