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Visagar Polytex shines on plan to launch online platform ‘Shop4Saree.com’

29 Jun 2012 Evaluate

Visagar Polytex is currently trading at Rs. 248.00, up by 8.75 points or 3.66% from its previous closing of Rs. 239.25 on the BSE.

The scrip opened at Rs. 240.00 and has touched a high and low of Rs. 250.00 and Rs. 239.75 respectively. So far 21,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 250.00 on 29-Jun-2012 and a 52 week low of Rs. 121.00 on 23-Sep-2011.

Last one week high and low of the scrip stood at Rs. 250.00 and Rs. 214.90 respectively. The current market cap of the company is Rs. 402.00 crore.

The promoters holding in the company stood at 54.27% while Non-Institutions held 45.73% respectively.

Visagar Polytex will soon launch an online platform ‘Shop4Saree.com’, to provide direct-from-manufacturer up-to-the-minute ethnic wear including saree, lehanga, suits, handbags, footwear and accessories to its customers at incredible value for money. The customers will be able to take advantage of the free shipping and cash on delivery facilities provided at the online showroom.

Besides, the company’s embroidery unit located at Gothan in Surat is running in full capacity with productions in excess of 125 billion stitches per annum. In the second phase, the company is planning to increase it to 200 billion stitches per annum.

Further, the company is strongly focused on its designing and research to take advantage of the imminent season and is hopeful for the second phase of the expansion of existing project to follow soon.

Visagar Polytex is engaged in textile manufacturing, wholesale, retail & trading business. The company manufactures and wholesales Hand work Sarees & Lehengas at Kolkata (West Bengal) through its large ‘karigar’ base.

Visagar Polytex Share Price

0.62 0.00 (0.00%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
View more..

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