Vadilal Industries is currently trading at Rs. 121.90, up by 2.90 points or 2.44% from its previous closing of Rs. 119.00 on the BSE.
The scrip opened at Rs. 121.90 and has touched a high and low of Rs. 122.00 and Rs. 121.90 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 157.90 on 01-Aug-2011 and a 52 week low of Rs. 87.00 on 06-Jan-2012.
Last one week high and low of the scrip stood at Rs. 124.40 and Rs. 111.75 respectively. The current market cap of the company is Rs. 87.00 crore.
The promoters holding in the company stood at 66.29% while Institutions and Non-Institutions held 7.09% and 26.61% respectively.
Vadilal Industries has received an approval to invest a sum of Rs 30.62 crore approximately, in the capital expenditure to be incurred by the company towards expansion-cum-modernisation of its ice-cream divisions situated at Pundhra, in the state of Gujarat and Bareilly, in the state of Uttar Pradesh and its processed food division situated at Dharampur, in the state of Gujarat and means of finance thereof.
The company is engaged in the manufacture and sale of ice-cream and processed food products. The company's ice-cream segment offers a range of ice creams and frozen desserts in packs, including cups, party packs, family bricks, dollies, cones, and candies.
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