Welspun Syntex is currently trading at Rs. 11.56, up by 0.16 points or 1.40% from its previous closing of Rs. 11.40 on the BSE.
The scrip opened at Rs. 12.35 and has touched a high and low of Rs. 13.00 and Rs. 11.42 respectively. So far 37685 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 15.50 on 01-Feb-2012 and a 52 week low of Rs. 8.23 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 13.00 and Rs. 10.00 respectively. The current market cap of the company is Rs. 27.33 crore.
The promoters holding in the company stood at 37.66% while Institutions and Non-Institutions held 40.70% and 21.63% respectively.
Industrial Development Bank of India (IDBI) has sold 1,163,688 shares of Welspun Syntex in an open market transaction on Bombay Stock Exchange (BSE). The shares were sold at Rs 10.50 per piece valuing the deal at around Rs 1.22 crore.
Welspun Syntex, a Welspun Group company is one of the largest exporters of polyster texturised filament yarn from India. Additionally, the company is the leading manufacturer of specialty polyester filament yarn from India.