SEL Manufacturing Company is currently trading at Rs 3.67, up by 0.02 points or 0.55% from its previous closing of Rs 3.65 on the BSE.
The scrip opened at Rs 3.73 and has touched a high and low of Rs 3.73 and Rs 3.65 respectively. So far 49547 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 15.00 on 04-Jul-2012 and a 52 week low of Rs 2.78 on 25-Mar-2013.
Last one week high and low of the scrip stood at Rs 3.90 and Rs 3.60 respectively. The current market cap of the company is Rs. 121.27 crore.
The promoters holding in the company stood at 8.37% while Institutions and Non-Institutions held 0.35% and 43.33% respectively.
Credit rating agency, CARE has reaffirmed ‘BBB-’ rating to SEL Manufacturing Company’s long term bank facilities worth Rs 3,186.07 crore. The rating agency as also reaffirmed ‘A3’ rating to the company’s short term bank facilities worth Rs 10.10 crore.
The company has received the said rating reaffirmation on the back of its established position as a vertically integrated textile unit and diversified range of products, consistent growth in the scale of operations along with healthy margins and vast experience of the promoters.
SEL Manufacturing Company has over 40 years of experience in the textile industry. At present, it has facilities for manufacturing cotton yarn, combed yarn, knitted fabrics, knitted garments and terry towels.