Orbit Exports is currently trading at Rs. 180.00, up by 1.20 points or 0.67% from its previous closing of Rs. 178.80 on the BSE.
The scrip opened at Rs. 180.00 and has touched a high and low of Rs. 180.00 and Rs. 180.00 respectively. So far 100 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 230.00 on 02-Nov-2023 and a 52 week low of Rs. 136.55 on 27-Mar-2024.
Last one week high and low of the scrip stood at Rs. 184.00 and Rs. 177.40 respectively. The current market cap of the company is Rs. 476.41 crore.
The promoters holding in the company stood at 66.27%, while Institutions and Non-Institutions held 0.02% and 33.70% respectively.
Orbit Exports’ Board of Directors have approved to enter into an agreement with K&H Constructions, for the development of 2MW Solar Captive Generating Plant (SCGP) as Special Purpose Vehicle (SPV) in south Gujrat region by having equity of 26% in SPV. The entire power units generated from the said SCGP will be supplied to the company, at its Kosamba and Sarigam facilities, at a discounted price against the DISCOM price.
Orbit Exports is one of India’s largest exporters of novelty fabrics. Orbit’s global reach is testament to its success, with the company having established prolific operations in the USA, Latin America, Africa, Europe and the Far East.
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