AYM Syntex gains on incorporating wholly-owned subsidiary
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AYM Syntex is currently trading at Rs. 92.25, up by 1.30 points or 1.43% from its previous closing of Rs. 90.95 on the BSE.
The scrip opened at Rs. 91.00 and has touched a high and low of Rs. 92.25 and Rs. 90.35 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 158.50 on 18-Jan-2022 and a 52 week low of Rs. 73.10 on 01-Jul-2021.
Last one week high and low of the scrip stood at Rs. 92.95 and Rs. 83.50 respectively. The current market cap of the company is Rs. 453.68 crore.
The promoters holding in the company stood at 74.24%, while Institutions and Non-Institutions held 0.40% and 25.36% respectively.
AYM Syntex has incorporated wholly-owned subsidiary (WOS) on June 27, 2022 in the name and style of ‘Aym Textiles’. The company was required to incorporate the WOS to fulfill the stipulations specified for participation under the New Production Linked Incentive (PLI) Scheme of GOI for Textiles.
AYM Syntex with its innovative approach is a pioneer in spinning, texturizing, draw twisting and dyeing of polyester and nylon yarns. AYM is among the global leaders in manufacturing specialty and multi-polymer yarns.
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