Exxaro Tiles trades with traction on the bourses
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Exxaro Tiles is currently trading at Rs. 106.40, up by 4.35 points or 4.26% from its previous closing of Rs. 102.05 on the BSE.
The scrip opened at Rs. 104.75 and has touched a high and low of Rs. 108.90 and Rs. 100.05 respectively. So far 100390 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 172.50 on 18-Oct-2021 and a 52 week low of Rs. 97.00 on 06-May-2022.
Last one week high and low of the scrip stood at Rs. 112.00 and Rs. 97.00 respectively. The current market cap of the company is Rs. 476.94 crore.
The promoters holding in the company stood at 42.07%, while Institutions and Non-Institutions held 9.03% and 48.90% respectively.
Exxaro Tiles has signed India Bollywood actor Ajay Devgan as its brand Ambassador to endorse its tiles products for a period of 2 years on terms and conditions mentioned in the endorsement agreement executed between Exxaro Tiles and Ajay Devgan. The Idea of roping in Ajay Devgan to promote the Tiles products is a part of company four-fold expansion plan in GVT Slabs in Ceramic Industry.
Exxaro Tiles is engaged in manufacturing and marketing of vitrified tiles used majorly for flooring solutions.
