Bannari Amman Spinning Mills shines as its arm inks MoU with Tamilnadu Government

12 Mar 2014

Bannari Amman Spinning Mills is currently trading at Rs. 107.00, up by 2.00 points or 1.90% from its previous closing of Rs. 105.00 on the BSE.

The scrip opened at Rs. 105.00 and has touched a high and low of Rs. 107.00 and Rs. 105.00 respectively. So far 74 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 119.80 on 09-Jan-2014 and a 52 week low of Rs. 100.50 on 19-Dec-2013.

Last one week high and low of the scrip stood at Rs. 109.85 and Rs. 104.00 respectively. The current market cap of the company is Rs. 165.42 crore.

The promoters holding in the company stood at 55.55% while Institutions and Non-Institutions held 1.82% and 42.63% respectively.

Bannari Amman Spinning Mills’ wholly owned subsidiary - Abirami Amman Mills has inked Memorandum of Understanding (MoU) with Tamilnadu Government for setting up of a Textile Project near Dindigul, Tamilnadu.

Bannari Amman Spinning Mills was incorporated as Shiva Textiles (CBT)  on July 10, 1989 under the Companies Act, 1956 and changed name to “Bannari Amman Spinning Mills.“ on October 11, 1991 and commenced its commercial operations in the year 1995

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Bannari Amman Spg Share Price

148.85 -7.80 (-4.98%) Jan 15, 18:59
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