Damodar Industries soars on starting commercial production at Amravati unit

05 Mar 2019 Evaluate

Damodar Industries is currently trading at Rs. 43.50, up by 1.50 points or 3.57% from its previous closing of Rs. 42.00 on the BSE.

The scrip opened at Rs. 42.10 and has touched a high and low of Rs. 43.50 and Rs. 42.10 respectively. So far 1255 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 81.18 on 05-Mar-2018 and a 52 week low of Rs. 35.50 on 18-Feb-2019.

Last one week high and low of the scrip stood at Rs. 44.85 and Rs. 36.20 respectively. The current market cap of the company is Rs. 93.68 crore.

The promoters holding in the company stood at 69.23%, while Institutions and Non-Institutions held 0.04% and 30.73% respectively.

Damodar Industries has stated commercial production/supply at its newly set-up Unit situated at Additional Textile Park, MIDC Amravati, Nandgaonpeth, District Amravati, Maharashtra. This unit has been set up to Manufacturing and supply of Dyed Fancy Yarns, Melange Yarns and Cotton Yarns.

Damodar Industries has a completely integrated and advanced production line for manufacturing fancy and speciality yarns. The company is engaged in spinning, draw-texturising, air-texturising, fancy doubling and yarn dyeing.

Damodar Inds. Share Price

41.68 -1.42 (-3.29%)
23-Dec-2024 16:59 View Price Chart
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