Manomay Tex India is currently trading at Rs. 42.80, up by 1.25 points or 3.01% from its previous closing of Rs. 41.55 on the BSE.
The scrip opened at Rs. 42.80 and has touched a high and low of Rs. 42.80 and Rs. 42.80 respectively. So far 4000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 59.85 on 26-Dec-2017 and a 52 week low of Rs. 30.00 on 28-Mar-2017.
Last one week high and low of the scrip stood at Rs. 45.25 and Rs. 37.30 respectively. The current market cap of the company is Rs. 54.28 crore.
The promoters holding in the company stood at 58.38%, while Non-Institutions held 41.62% stake in the company.
Manomay Tex India is in process of expanding its operations at Denim Plant situated at Gangrar (Raj) by setting up of complete manufacturing facilities by installation of one more Indigo Dying Machine and replacing old 24 Air Jet Looms to Fresh New Air Jet Looms by importing from Japan and the company also proposed to install Mersrizer, Dsizer and related finishing range for manufacturing of export quality fabrics and all other related machinery. By installing these Machineries the company’s install capacity will increase by 120 lakh Mtrs P.A.
Further, the company is going for trial production at Denim Plant in the Month of March, 2018 and Commercial Production is expected to be commenced in the Month of April, 2018 positively.
Manomay Tex India is majorly engaged in manufacturing and sale of denim fabrics in domestic and international markets having an integrated manufacturing unit based in Rajasthan. It is known and identified in textile industry by the brand name ‘Manomay’.
| Company Name | CMP |
|---|---|
| Raymond | 2243.50 |
| Siyaram Silk Mills | 441.20 |
| Manomay Tex India | 182.10 |
| Ludlow Jute &Special | 82.55 |
| KG Denim | 27.50 |
| View more.. | |
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