Panache Innovations is currently trading at Rs. 27.95, up by 0.50 points or 1.82% from its previous closing of Rs. 27.45 on the BSE.
The scrip opened at Rs. 27.75 and has touched a high and low of Rs. 28.40 and Rs. 27.75 respectively. So far 13148 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 43.05 on 27-Dec-2019 and a 52 week low of Rs. 20.10 on 14-Jul-2020.
Last one week high and low of the scrip stood at Rs. 28.40 and Rs. 24.20 respectively. The current market cap of the company is Rs. 12.42 crore.
The promoters holding in the company stood at 30.75% and Non-Institutions held 69.25%.
Panache Innovations has signed exclusive Trademark License agreement with Hyundai Corporation Holdings Company for brand HYUNDAI for Batteries, Power Bank, Flashlight, Lighting, Switch, Cable, Plug Socket (Licensed Products) PAN India and launches various product under the said Brand. This is the game changer for the Company as it will open significant opportunities for the company in the Indian market.
The Company’s existing product portfolio under brand HYUNDAI includes LED lights, Flash lights, rechargeable torches, Power Bank and Batteries. The company is taking relentless efforts to add more and more electrical and electronic products under LED lighting vertical and CAT-6 Cables under the brand HYUNDAI before the end of December, 2020.
Panache Innovations is engaged in the business of Trading, Manufacturing, Importing & Exporting of IT related products & Services.
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