Himatsingka Seide is currently trading at Rs. 373.70, up by 18.00 points or 5.06% from its previous closing of Rs. 355.70 on the BSE.
The scrip opened at Rs. 357.20 and has touched a high and low of Rs. 379.00 and Rs. 355.00 respectively. So far 14974 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 444.35 on 09-Jan-2018 and a 52 week low of Rs. 290.50 on 11-Aug-2017.
Last one week high and low of the scrip stood at Rs. 379.00 and Rs. 348.05 respectively. The current market cap of the company is Rs. 3529.69 crore.
The promoters holding in the company stood at 47.57%, while Institutions and Non-Institutions held 21.77% and 30.66% respectively.
Himatsingka Seide’s wholly owned step down subsidiary -- Himatsingka America Inc., has acquired the home portfolio of Global Brands Group Holding. The acquired home portfolio includes the exclusive license rights to the famous and iconic Tommy Hilfiger brand, the Copper Fit brand and other brands. This brand portfolio is estimated to contribute Annual Revenues of around $60-65 million to the Group.
Himatsingka Seide is in the business of manufacturing natural silk and silk blended fabrics, silk woven yarn, etc. Its product range includes decorative fabrics for home furnishings mainly bed linen, bridal wear, fashion fabrics for men and women wear etc.
