Sutlej Textiles is currently trading at Rs. 186.20, up by 3.44 points or 3.44% from its previous closing of Rs. 180.00 on the NSE.
The scrip opened at Rs. 188.50 and has touched a high and low of Rs. 189.00 and Rs. 184.10 respectively. So far 1,519 shares were traded on the counter.
The NSE stock of face value Rs. 10 has touched a 52 week high of Rs. 208.00 on 24-Apr-2012 and a 52 week low of Rs. 126.05 on 21-Dec-2011.
The promoters holding in the company stood at 63.83% while Institutions and Non-Institutions held 0.02% and 36.15% respectively.
KK Birla Group company, Sutlej Textiles and Industries has bagged Niryat Shree Gold award for attaining 77% growth in exports in 2009-10. The company manufactures broad range of poly viscose, poly wool, linen and stretch fabric and supplies to big retailers such as Gap, Levis, CK, TMW, Burton, Next, M&S in the US and the UK. The company also produces curtains, upholstery and made-ups and sells in home textiles, while it has exports exposure to more than 60 countries.
The company has 260,872 spindles for spinning yarn, six million metres a year for apparel fabrics, 1.6 million trousers a year and 3 million metres a year for home textiles fabric. It has plants in Jammu and Kashmir, Rajasthan and Gujarat.