Fiberweb (India) is currently trading at Rs. 277.50, up by 29.85 points or 12.05% from its previous closing of Rs. 247.65 on the BSE.
The scrip opened at Rs. 232.00 and has touched a high and low of Rs. 284.00 and Rs. 206.00 respectively. So far 280961 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. 114.60 on 09-Nov-2016.
Last one week high and low of the scrip stood at Rs. 305.00 and Rs. 206.00 respectively. The current market cap of the company is Rs. 397.47 crore.
The promoters holding in the company stood at 49.03%, while Institutions and Non-Institutions held 2.47% and 48.51% respectively.
Fiberweb (India) has successfully taken out a trial production of the melt blown line, after continuous guidance by foreign technicians. The company will be having proper testing of the product and send it to their customers in U.S.A. for the order. Though there is a delay in taking out production, now the company is successful in taking out the best quality and can proudly send the samples to the customers for their orders.
Fiberweb India is engaged in manufacturing and exporting of Non-Woven Spun Bonded Polypropylene Fabric across the world.
