Indo Count Industries is currently trading at Rs. 43.20, up by 0.85 points or 2.01% from its previous closing of Rs. 42.35 on the BSE.
The scrip opened at Rs. 42.95 and has touched a high and low of Rs. 43.15 and Rs. 39.00 respectively. So far 6200 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 75.70 on 15-Oct-2018 and a 52 week low of Rs. 30.00 on 22-Jul-2019.
Last one week high and low of the scrip stood at Rs. 43.20 and Rs. 39.00 respectively. The current market cap of the company is Rs. 848.82 crore.
The promoters holding in the company stood at 58.94%, while Institutions and Non-Institutions held 9.69% and 31.37% respectively.
Indo Count Industries has taken an initiative to improve sustainability in cotton farming for farmers in Warora Taluka of Chandrapur District in Maharashtra state. This program has been named GAGAN and it aims at covering 1500 farmers in 10 villages to begin with. The company envisages to increase the scope of this program to 30 villages thus helping close to 4500 farmers in near future.
Main thrust of this program is to help farmers in increasing productivity of their farms along with judicious use of water, pesticides and fertilizers.
Indo Count Industries is engaged in the manufacturing of 100% grey combed cotton yarn and knitted fabric. Its product range includes Cotton yarn, Knitted fabrics and Dyed yarn and core-spun yarn.
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