RSWM is currently trading at Rs. 185.30, up by 5.30 points or 2.94% from its previous closing of Rs. 180.00 on the BSE.
The scrip opened at Rs. 185.30 and has touched a high and low of Rs. 185.30 and Rs. 185.30 respectively. So far 5 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 353.00 on 03-May-2018 and a 52 week low of Rs. 148.00 on 14-Feb-2019.
Last one week high and low of the scrip stood at Rs. 188.00 and Rs. 175.00 respectively. The current market cap of the company is Rs. 436.40 crore.
The promoters holding in the company stood at 52.88%, while Institutions and Non-Institutions held 9.40% and 37.73% respectively.
RSWM has decided to sell around 1.69 crore equity shares of Rs 10 each of Bhilwara Energy an associate company at a cash consideration of Rs 84.85 crore to HEG on the basis of valuation of fair price per share on arm's length basis. The company's holding in Bhilwara Energy, after the proposed sale, shall be 1.25 crore equity shares comprising of 7.56%.
RSWM is engaged in the manufacturing, spinning, weaving and processing of manmade textile fabrics. The company is also engaged in cotton spinning and weaving.
