Sutlej Textiles & Industries jumps on commencing commercial production of Greenfield- Green Fibre Project

02 Mar 2021 Evaluate

Sutlej Textiles & Industries is currently trading at Rs. 45.30, up by 1.35 points or 3.07% from its previous closing of Rs. 43.95 on the BSE.

The scrip opened at Rs. 45.40 and has touched a high and low of Rs. 46.40 and Rs. 45.00 respectively. So far 34116 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 51.90 on 06-Jan-2021 and a 52 week low of Rs. 15.40 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 46.40 and Rs. 41.65 respectively. The current market cap of the company is Rs. 737.23 crore.

The promoters holding in the company stood at 63.90%, while Institutions and Non-Institutions held 0.02% and 36.08% respectively.

Sutlej Textiles & Industries has commenced commercial production of Greenfield – Green Fibre Project to manufacture Polyester Staple Fibre (PSF) by recycling of pet bottles. The project set up at Baddi (HP) has a capacity to manufacture 120 MT/Day of Raw White, Black and Dope Dyed Recycled Polyester Staple Fibre.

Sutlej Textiles and Industries produces a range of textile products that extends from yarns and fabrics to home furnishing.

Sutlej Textiles&Inds Share Price

50.30 -0.29 (-0.57%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Trident 36.54
Filatex India 58.50
Sutlej Textiles&Inds 50.30
Nahar Spinning Mills 267.00
Nitin Spinners 320.85
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