Singer India gains on introducing latest 3-in-1, Wi-Fi enabled sewing machine

27 May 2024 Evaluate

Singer India is currently trading at Rs. 86.40, up by 1.32 points or 1.55% from its previous closing of Rs. 85.08 on the BSE.

The scrip opened at Rs. 88.00 and has touched a high and low of Rs. 88.00 and Rs. 85.01 respectively. So far 38861 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 134.40 on 20-Oct-2023 and a 52 week low of Rs. 71.70 on 04-Jul-2023.

Last one week high and low of the scrip stood at Rs. 89.00 and Rs. 84.00 respectively. The current market cap of the company is Rs. 528.03 crore.

The promoters holding in the company stood at 31.00%, while Institutions and Non-Institutions held 3.94% and 65.07% respectively.

Singer India has introduced latest 3-in-1, Wi-Fi enabled sewing machine, The SE9185. SE9185 boasts of mySewnet mobile app, which allows for monitoring of designs, receiving updates on progress and even thread levels. The machine features a 7-inch touchscreen and with Wi-Fi connectivity, users can access 250 built-in stitches, four sewing fonts, and seven types of one-step buttonholes. The machine resumes designs in case of a power outage. It includes multiple built-in designs, featuring interesting and new patterns such as birds, tigers, bees, cameras, heels, margaritas, paws, and lipsticks.

SE9185 has been placed across key trade locations in Bihar, Delhi, Haryana, Jharkhand, Kerela, Northeast, Punjab, Telangana, and Uttar Pradesh and will be available across the country over the coming few weeks.

Singer India is mainly engaged in the manufacturing of Sewing machines.

Singer India Share Price

86.95 -0.48 (-0.55%)
14-Jun-2024 16:01 View Price Chart
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