Jindal Cotex is currently trading at Rs 85.00, up by 2.05 points or 2.47% from its previous closing of Rs 82.95 on the BSE.
The scrip opened at Rs 84.90 and has touched a high and low of Rs 86.85 and Rs 84.25 respectively. So far 1,222 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 156.40 on 15-Nov-2010 and a 52 week low of Rs 77.00 on 07-Feb-2011.
Last one week high and low of the scrip stood at Rs 89.90 and Rs 80.00 respectively. The current market cap of the company is Rs 382.00 crore.
The promoters holding in the company stood at 30.55% while Institutions and Non-Institutions held 2.95% and 22.23% respectively.
Jindal Cotex’s wholly owned subsidiary - Jindal Specialty Textiles has commenced the partial production of its technical textiles project for the manufacturing of laminated fabrics.
Recently, the company’s other wholly owned subsidiary - Jindal Medicot had successfully commissioned its project to manufacture highly value added medical textile products at Upmahal Ram Nagar, Tehsil Amb, District Una, Himachal Pradesh.
Jindal Cotex is engaged in the business of manufacturing of acrylic, polyester, and polyester-viscose, polyester cotton, combed and carded yarns, which are appropriate for apparels, suitings & knitted fabrics.
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