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TT trades jubilantly on selling spinning plant & machinery of Tirupati Mills

02 Jan 2018 Evaluate

TT is currently trading at Rs. 112.00, up by 11.10 points or 11.00% from its previous closing of Rs. 100.90 on the BSE.

The scrip opened at Rs. 102.15 and has touched a high and low of Rs. 118.75 and Rs. 96.50 respectively. So far 66277 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 118.75 on 02-jan-2018 and a 52 week low of Rs. 45.00 on 02-Jan-2017.

Last one week high and low of the scrip stood at Rs. 118.75 and Rs. 96.00 respectively. The current market cap of the company is Rs. 216.38 crore.

The promoters holding in the company stood at 57.22%, while Institutions and Non-Institutions held 0.27% and 42.52% respectively.

TT has sold its spinning plant & machinery of its Tirupati Spinning Mills, Avinashi (Tamil Nadu) and as such production is sliding down, finally come to stop in end January, 2018. Delivery of Machines has started and will be completed by March, 2018.

TT is engaged in the manufacturing of combed cotton yarn, carded cotton yarn and knitted fabric cloth.

T.T. Share Price

7.60 -0.15 (-1.94%)
06-May-2026 11:26 View Price Chart
Peers
Company Name CMP
Welspun Living 130.55
Vardhman Textiles 619.90
Arvind 387.35
K.P.R. Mill 952.75
Page Industries 37396.00
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