Shreeyash Industries is currently trading at its upper circuit limit of Rs. 30.80, up by 1.45 points or 4.94% from its previous closing of Rs. 29.35 on the BSE.
The scrip opened at Rs. 30.00 and has touched a high and low of Rs. 30.80 and Rs. 29.80 respectively. So far 17201 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 44.00 on 21-Feb-2012 and a 52 week low of Rs. 16.30 on 06-Sep-2011.
Last one week high and low of the scrip stood at Rs. 30.80 and Rs. 26.85 respectively. The current market cap of the company is Rs. 16.20 crore.
The promoters holding in the company stood at 20.76% while Institutions and Non-Institutions held 4.32% and 74.91% respectively.
Shreeyash Industries is in the process of manufacturing 'Oxford Shirts' for an Italian Brand by the name of Vancini. The order has been issued to the company by Colombo Trade, Breschia, Italy.
The trial order of 5,000 shirts is under production, after which the regular order is for 50,000 shirts per month. The company had negotiated price at Rs 355 per shirt FOB Hyderabad, amounting to Rs 21.30 crore. The price has been quoted in Indian rupees keeping in mind the volatile nature of international currencies.
Shreeyash Industries earlier known as Range Apparels is promoted by Mano Kumar and his wife Sumedha Saraogi in technical arrangement with Kuke Nylon (KNCs), S Korea, for setting up a new 100% EOU for the manufacture of knitted designer cotton socks of international standards/quality.
| Company Name | CMP |
|---|---|
| Welspun Living | 125.45 |
| Vardhman Textiles | 557.75 |
| Arvind | 387.20 |
| K.P.R. Mill | 926.40 |
| Page Industries | 37935.70 |
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