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Swiss Military Consumer Goods touches roof on signing MoU with Flipkart India

Swiss Military Consumer Goods Ltd. | Trading | Miscellaneous | BSE: 523558 | NSE: NETWORK

12 Jan 2023 Evaluate

Swiss Military Consumer Goods is currently trading at its upper limit of Rs. 16.45, up by 0.75 points or 4.78% from its previous closing of Rs. 15.70 on the BSE.

The scrip opened at Rs. 15.95 and has touched a high and low of Rs. 16.45 and Rs. 15.40 respectively. So far 125971 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 30.90 on 02-Sep-2022 and a 52 week low of Rs. 8.20 on 12-Jan-2022.

Last one week high and low of the scrip stood at Rs. 16.90 and Rs. 15.25 respectively. The current market cap of the company is Rs. 323.40 crore.

The promoters holding in the company stood at 63.85%, while Non-Institutions held 36.14% stake in the company.

Swiss Military Consumer Goods has signed a Memorandum of Understanding (MoU) with Flipkart India to exclusively promote, market and sell the products of the company i.e. Luggage and Travel Accessories, under sub-category brands other than ‘Swiss Military’ through their website i.e. www.flipkart.com.

As the management is focused and committed towards creating a growth-oriented business model, this arrangement will help the company to expand its business horizons towards other brands of the company. The management is expecting considerable numbers in terms of turnover and also the subsequent noteworthy presence on a leading online marketplace of the country, which will help in unlocking the valuation in the longer run for the company and its stakeholders.

Swiss Military Consumer Goods is primarily engaged in the business of promoting, marketing and selling lifestyle products under the brand ‘Swiss Military’.

Swiss Military Cons. Share Price

18.50 0.27 (1.48%)

17-Apr-2026 16:59 View Price Chart

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Swiss Military Consumer Goods touches roof on signing MoU with Flipkart India

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