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Heads UP Ventures touches roof on entering into contract with Reliance Retail

14 Dec 2022 Evaluate

Heads UP Ventures is currently trading at its upper limit of Rs. 16.20, up by 2.70 points or 20.00% from its previous closing of Rs. 13.50 on the BSE.

The scrip opened at Rs. 16.20 and has touched a high and low of Rs. 16.20 and Rs. 16.20 respectively. So far 158845 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 22.00 on 07-Feb-2022 and a 52 week low of Rs. 11.25 on 02-Aug-2022.

Last one week high and low of the scrip stood at Rs. 16.20 and Rs. 12.30 respectively. The current market cap of the company is Rs. 35.77 crore.

The promoters holding in the company stood at 33.17%, while Institutions and Non-Institutions held 0.42% and 66.41% respectively.
 
Heads UP Ventures has entered into a contract with Reliance Retail, for sale of the products viz. fashion apparels, accessories, bags, footwear etc. under the brand name ‘HUP’ and its sub-brands on the e-commerce platforms of Reliance Retail.

Heads UP Ventures’ business is to design, produce and sell branded apparel and accessories for men and women in India and currently in some select markets abroad.

Peers
Company Name CMP
Avenue Supermarts 3769.55
Trent 2773.50
Vishal Mega Mart 104.00
PN Gadgil Jewellers 598.25
Aditya Birla Life 80.69
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