Mandhana Industries is currently trading at Rs 219.00, up by 1.60 points or 0.74% from its previous closing of Rs 217.40 on the BSE.
The scrip opened at Rs 219.90 and has touched a high and low of Rs 220.50 and Rs 217.10 respectively. So far 39006 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 320.10 on 05-Jan-2011 and a 52 week low of Rs 166.00 on 17-May-2011.
Last one week high and low of the scrip stood at Rs 227.50 and Rs 216.00 respectively. The current market cap of the company is Rs 720.11 crore.
The promoters holding in the company stood at 62.21% while Institutions and Non-Institutions held 5.89% and 31.90% respectively.
Mandhana Industries, which exports apparel to brands such as Armani, French Connection and Pepe, is planning to invest Rs 150 crore on two garment plants in Maharashtra. The plants in Tarapur and Baramati are expected to start commercial production by March/April next year. The company has already deployed close to Rs 70 crore on the upcoming plants. With the two new plants company’s production volumes too will increase by 2.5-3 times.
The company which is also engaged in fabric sales in the domestic market will soon get into apparel retailing in association with the Being Human Foundation, a non-profit charitable organisation started by actor Salman Khan. Mandhana has bagged exclusive rights to design, market and distribute the Being Human line of apparel.
Mandhana Industries is engaged in the manufacturing of grey/finished fabric and garments. As of March 31, 2011 the company had the capacity to produce 36 million metres of grey fabric, processing capacity of 51.60 million metres, garmenting capacity of 3.60 million pieces and yarn dyeing capacity of 3,000 metric tonnes per annum.
| Company Name | CMP |
|---|---|
| PDS | 551.70 |
| Welspun Living | 163.35 |
| Vardhman Textiles | 515.40 |
| Arvind | 385.75 |
| K.P.R. Mill | 1005.65 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Inatant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
