Dollar Industries surges on redeeming Commercial Paper of Rs 50 crore
Dollar Industries is currently trading at Rs. 260.75, up by 3.20 points or 1.24% from its previous closing of Rs. 257.55 on the BSE.
The scrip opened at Rs. 261.05 and has touched a high and low of Rs. 261.65 and Rs. 258.65 respectively. So far 2327 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 272.70 on 05-Feb-2021 and a 52 week low of Rs. 94.00 on 23-Mar-2020.
Last one week high and low of the scrip stood at Rs. 263.70 and Rs. 246.55 respectively. The current market cap of the company is Rs. 1478.87 crore.
The promoters holding in the company stood at 72.91%, while Institutions and Non-Institutions held 3.90% and 23.18% respectively.
Dollar Industries has redeemed Commercial Paper (CP) amounting to Rs 50 crore on February 24, 2021, after making payment on due date.
Dollar Industries has become a force to reckon within the Innerwear Market. It is one of the country’s top five Hosiery undergarment manufacturers.