Electronics Mart soars on starting commercial operation of new brand outlet in Telangana
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Electronics Mart India is currently trading at Rs. 92.20, up by 4.10 points or 4.65% from its previous closing of Rs. 88.10 on the BSE.
The scrip opened at Rs. 88.22 and has touched a high and low of Rs. 92.20 and Rs. 88.22 respectively. So far 15117 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 103.55 on 20-Oct-2022 and a 52 week low of Rs. 61.45 on 27-Mar-2023.
Last one week high and low of the scrip stood at Rs. 96.70 and Rs. 87.40 respectively. The current market cap of the company is Rs. 3389.64 crore.
The promoters holding in the company stood at 77.97%, while Institutions and Non-Institutions held 13.74% and 8.29% respectively.
Electronics Mart has commenced the commercial operation of a new Multi Brand Store under the brand name ‘Bajaj Electronics’ on July 13, 2023. The store is located at Yadadri District, Telangana. The area of the store is around 6,865 Square feet.
Earlier, the company had commenced the commercial operation of a new Multi Brand Store under the brand name ‘Bajaj Electronics’ on July 1, 2023. The store is located at Guntur, Andhra Pradesh. The area of the store is around 9000 square feet.
Electronics Mart India offers a diversified range of products with focus on large appliances (air conditioners, televisions, washing machines and refrigerators), mobiles and small appliances, IT and others
