Bright Brothers shines as its arm commences commercial production at Lena manufacturing unit
Bright Brothers is currently trading at Rs. 158.55, up by 6.05 points or 3.97% from its previous closing of Rs. 152.50 on the BSE.
The scrip opened at Rs. 156.75 and has touched a high and low of Rs. 159.95 and Rs. 156.75 respectively. So far 482 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 195.00 on 12-Sep-2022 and a 52 week low of Rs. 132.10 on 21-Feb-2023.
Last one week high and low of the scrip stood at Rs. 161.80 and Rs. 148.00 respectively. The current market cap of the company is Rs. 86.62 crore.
The promoters holding in the company stood at 54.22%, while Non-Institutions held 45.78% stake in the company.
Bright Brothers’ wholly owned subsidiary -- Bright Brothers LLC has commenced commercial production at manufacturing unit located at Lena in the State of Wisconsin, United States of America (USA) from July 10, 2023.
Bright Brothers is one of the renowned brands offering Consumer Durable and Plastic Household Containers for various residential and commercial purposes.