Fiberweb (India) is currently trading at Rs. 332.00, up by 8.30 points or 2.56% from its previous closing of Rs. 323.70 on the BSE.
The scrip opened at Rs. 327.00 and has touched a high and low of Rs. 333.45 and Rs. 321.10 respectively. So far 17886 shares were traded on the counter.
The BSE group 'XC' stock of face value Rs. 10 has touched a 52 week high of Rs. 389.00 on 16-May-2017 and a 52 week low of Rs. 78.50 on 25-Aug-2016.
Last one week high and low of the scrip stood at Rs. 373.50 and Rs. 319.50 respectively. The current market cap of the company is Rs. 477.94 crore.
The promoters holding in the company stood at 56.63%, while institutions and non-institutions held 2.62% and 40.75% respectively.
Fiberweb India has received very prestigious export orders of value added products for Rs 109 crore ($ 1.70 Million). Due to various research and development done by the company on its product and also preparing innovative converted products, the company has been able to break through in the competitive market of U.S.A. with the orders of good profitability.
The company produces Spun Bond Non Woven Fabric (Technical Textile) and its various converted products. There is continuous research and development and also improvement by which company is able to get the value added products.
Fiberweb India is engaged in manufacturing and exporting of Non-Woven Spun Bonded Polypropylene Fabric across the world.
