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Active Clothing moves up on securing technology from Germany's ‘STOLL’ machines

15 May 2018 Evaluate

Active Clothing Company is currently trading at Rs. 40.50, up by 0.10 points or 0.25% from its previous closing of Rs. 40.40 on the BSE.

The scrip opened at Rs. 39.25 and has touched a high and low of Rs. 40.50 and Rs. 39.25 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. 66.40 on 26-Mar-2018 and a 52 week low of Rs. 38.70 on 30-Apr-2018.

Last one week high and low of the scrip stood at Rs. 46.50 and Rs. 39.25 respectively. The current market cap of the company is Rs. 62.82 crore.

The promoters holding in the company stood at 73.58%, while the Non-Institutions held 26.42% stake in the company.

Active Clothing Company has secured technology from Germany’s ‘STOLL’ machines to manufacture ‘Shoes Uppers’ from their existing ‘Stoll Machines’ used for Sweaters. Stoll has agreed to give all the technical know - how to manufacture Flat Knitted Shoes Uppers to Active.

This will be ‘Made in India’ product substituting imports from Vietnam, Cambodia, China etc. The Government has recently increased the import duty on Shoes Uppers making the import unviable. Active will be the first company to manufacture on ‘STOLL Technology’ as presently there are two/three manufacturing entities using Chinese machines. The company has the capacity to manufacture 50,000 pairs per month.

Active Clothing Company manufactures and sells readymade garments for men, women, kids, boys, and girls in India. They offer sweaters, T-shirts, knitted T-shirts, fashion shirts, designer T-shirts, V-neck T-shirts, round neck T-shirts, printed round neck T-shirts, full knitted polo T-shirts, and knitted bottom wears as well as hooded, sleeveless, designer jackets under the AAGAIN brand name. They also operate a multi branded store for fashion products.


Active Clothing Co Share Price

119.50 -1.25 (-1.04%)
25-Jun-2026 16:59 View Price Chart
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