Ashima is currently trading at Rs. 23.85, up by 1.10 points or 4.84% from its previous closing of Rs. 22.75 on the BSE.
The scrip opened at Rs. 23.60 and has touched a high and low of Rs. 24.10 and Rs. 23.15 respectively. So far 81619 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 27.10 on 28-Jul-2017 and a 52 week low of Rs. 12.50 on 09-Nov-2016.
Last one week high and low of the scrip stood at Rs. 24.20 and Rs. 22.30 respectively. The current market cap of the company is Rs. 305.72 crore.
The promoters holding in the company stood at 58.33%, while institutions and non-institutions held 0.31% and 41.36% respectively.
Ashima has finalised the sale of surplus land, not required for textile operations, admeasuring to 49125.40 square meters at an aggregate consideration of Rs 160.89 crore. The Empowered Committee at its meeting held on August 21, 2017 has finalised the same. This step has been taken to raise resources for revamping and modernizing company’s Textile operations, meeting requirements of working capital and repayment of other secured debts. Accordingly, requisite agreements for sale have been entered into for the purpose.
Ashima engages in the manufacture and sale of textile and related products in India. It offers fabrics, denims, cotton yarns, and shirting products. ASHIMA manufactures product groups like denim, high value yarn dyed shirting and attires.
Company Name | CMP |
---|---|
PDS | 439.55 |
Vardhman Textiles | 450.80 |
Arvind | 359.00 |
Welspun Living | 139.90 |
Alok Inds | 26.20 |
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