TTK Prestige is currently trading at Rs 3173.00, up by 91.35 points or 2.96% from its previous closing of Rs 3081.65 on the BSE.
The scrip opened at Rs 3081.00 and has touched a high and low of Rs 3185.00 and Rs 3081.00 respectively. So far 13716 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 3244.90 on 22-Mar-2012 and a 52 week low of Rs 2031.00 on 25-Mar-2011.
Last one week high and low of the scrip stood at Rs 3244.90 and Rs 2623.00 respectively. The current market cap of the company is Rs 3591.10 crore.
The promoters holding in the company stood at 74.91% while Institutions and Non-Institutions held 14.47% and 10.61% respectively.
The other top gainers of BSE “Consumer Durable (CD)” space were Rajesh Exports up by 0.66%, Blue Star up by 0.48%, Titan Industries up by 0.45% and Videocon Industries up by 0.20%.
TTK Prestige in the later half of February announced that it has concluded its business relationship arrangements with World Kitchen, a US based corporation. Pursuant to this relationship, the company will be able to enhance its presence in high end Tableware, Glassware and Store-ware range of products. The products will be marketed and distributed on the strength of the brands of both the parties. The international brands that will be dealt with in India consist of CORELLE, CORNINGWARE, VISION, PYREX and SNAPWARE.
The relationship consists of providing a platform of Pan-India distribution to start with and eventually getting into manufacture / finishing of select products in India. The products are expected to be launched during first quarter of financial year 2012-13.
TTK Prestige, one of the oldest business houses in the country today. Having initially pioneered and established a network of distribution, TTK Prestige moved to manufacturing, post-independence. Being a dynamic and fast growing company, it soon became the leading manufacturer of Pressure cookers in India and offered the most comprehensive range of kitchenware in the world.
| Company Name | CMP |
|---|---|
| Crompt.Greaves Cons. | 390.25 |
| Whirlpool Of India | 1903.40 |
| Bajaj Electricals | 774.15 |
| IFB Industries | 1842.95 |
| Orient Electric | 245.35 |
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