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GTN Textiles zooms on getting nod to raise Rs 5.10 crore through NCRPS

16 Sep 2020 Evaluate

GTN Textiles is currently trading at Rs. 5.49, up by 0.24 points or 4.57% from its previous closing of Rs. 5.25 on the BSE.

The scrip opened at Rs. 5.25 and has touched a high and low of Rs. 5.49 and Rs. 5.25 respectively. So far 775 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 8.83 on 16-Oct-2019 and a 52 week low of Rs. 4.77 on 30-Dec-2019.

Last one week high and low of the scrip stood at Rs. 5.49 and Rs. 5.25 respectively. The current market cap of the company is Rs. 6.11 crore.

The promoters holding in the company stood at 63.36%, while Institutions and Non-Institutions held 0.77% and 35.87% respectively.

GTN Textiles has received approval from board to issue 5,10,000 Non-Cumulative, Non-Convertible, Non-Participating Redeemable Preference Shares (NCRPS) of Rs 100 each aggregating Rs 5.10 crore on Preferential/Private placement basis to Seajuli Developers and Finance. The Board has also approved a proposal to increase the Share Capital to issue Redeemable Preference Shares, by altering the Memorandum of Association of the Company.

GTN Textiles produces high quality 100% combed cotton yarns single, twisted and gassed.

GTN Textiles Share Price

9.80 0.00 (0.00%)
16-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Trident 26.12
Filatex India 44.94
Nitin Spinners 419.70
Nahar Spinning Mills 249.20
Sanathan Textiles 427.00
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