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Monte Carlo Fashions touches roof on getting nod to incorporate WOS company

11 Nov 2021 Evaluate

Monte Carlo Fashions is currently trading at its upper circuit limit of Rs. 523.05, up by 87.15 points or 19.99% from its previous closing of Rs. 435.90 on the BSE.

The scrip opened at Rs. 465.00 and has touched a high and low of Rs. 523.05 and Rs. 465.00 respectively. So far 118130 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 523.05 on 11-Nov-2021 and a 52 week low of Rs. 185.00 on 12-Nov-2020.

Last one week high and low of the scrip stood at Rs. 523.05 and Rs. 408.90 respectively. The current market cap of the company is Rs. 1084.39 crore.

The promoters holding in the company stood at 73.17%, while Institutions and Non-Institutions held 1.75% and 25.08% respectively.

Monte Carlo Fashions has received approval for incorporation of Wholly Owned Subsidiary (WOS) of the company. The incorporation of the wholly owned subsidiary will leverage the growth opportunities in the ‘Home Textiles’ and will help the company in becoming more agile and customer- focused. The proposed wholly owned subsidiary company to be incorporated in India is going to carry business in the field of home textiles i.e. rugs and mink blanket fabric.

Monte Carlo Fashions manufactures and distributes men’s and women’s apparel.

Monte Carlo Fashions Share Price

566.70 -13.45 (-2.32%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
View more..

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