Bannari Amman Spinning Mills is currently trading at Rs. 198.00, up by 2.00 points or 1.02% from its previous closing of Rs. 196.00 on the BSE.
The scrip opened at Rs. 198.05 and has touched a high and low of Rs. 198.05 and Rs. 198.00 respectively. So far 110 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 406.70 on 17-Jan-2018 and a 52 week low of Rs. 190.00 on 09-Oct-2018.
Last one week high and low of the scrip stood at Rs. 200.00 and Rs. 196.00 respectively. The current market cap of the company is Rs. 319.81 crore.
The promoters holding in the company stood at 55.55%, while Non-Institutions held 44.45% stake in the company.
Bannari Amman Spinning Mills has received an approval to promote a wholly owned subsidiary to carry out the new line of allied activities in future. The Board of Directors of the company at their meeting held on November 12, 2018, approved the same.
Bannari Amman Spinning Mills has evolved to be a leader in cotton yarn spinning in South India.
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