SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

KDDL rises on acquiring stake in ‘Mahen Distribution’

31 Mar 2022 Evaluate

KDDL is currently trading at Rs. 980.50, up by 15.30 points or 1.59 % from its previous closing of Rs. 965.20 on the BSE.

The scrip opened at Rs. 976.25 and has touched a high and low of Rs. 998.90 and Rs. 976.25 respectively. So far 255 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1189.60 on 03-Feb-2022 and a 52 week low of Rs. 250.00 on 05-Apr-2021.

Last one week high and low of the scrip stood at Rs. 1015.25 and Rs. 916.35 respectively. The current market cap of the company is Rs. 1260.97 crore.

The promoters holding in the company stood at 46.87%, while Institutions and Non-Institutions held 28.39% and 24.74% respectively.

KDDL has acquired 77,000 (1.28%) equity shares of Rs 10 each of ‘Mahen Distribution’ (MDL), subsidiary of the company. Post the above acquisition, MDL has become wholly owned subsidiary of the company. Mahen Distribution is engaged in the business of distribution of watches and manpower placement services.

KDDL is a diverse company focusing on luxury Retail Watches and precision Engineering. It has established India’s largest retail chain for premium and luxury watches- Ethos and SUMMIT.

KDDL Share Price

2453.70 20.60 (0.85%)
08-May-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×