Lovable Lingerie soars on mulling share buyback

29 Sep 2017

Lovable Lingerie is currently trading at Rs. 250.80, up by 25.70 points or 11.42% from its previous closing of Rs. 225.10 on the BSE.

The scrip opened at Rs. 240.00 and has touched a high and low of Rs. 258.00 and Rs. 240.00 respectively. So far 1,43,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 306.65 on 28-Oct-2016 and a 52 week low of Rs. 184.05 on 24-Aug-2017.

Last one week high and low of the scrip stood at Rs. 258.00 and Rs. 223.00 respectively. The current market cap of the company is Rs. 421.34 crore.

The promoters holding in the company stood at 67.23%, while Institutions and Non-Institutions held 6.40% and 26.37% respectively.

Lovable Lingerie is planning for buyback of equity shares of the company. The board of directors of the company will meet on October 06, 2017 to consider the same.

Lovable Lingerie is engaged in the manufacture of Readymade Garments. The company is in hosiery garment products.

Related Lovable Lingerie Ltd. Links:

Lovable Lingerie Share Price

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