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01-01-1970 12:00 AM | Source: Accord Fintech
Gorani Industries surges on developing new model in range hood segment
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Gorani Industries is currently trading at Rs. 239.10, up by 11.10 points or 4.87% from its previous closing of Rs. 228.00 on the BSE.

The scrip opened at Rs. 216.60 and has touched a high and low of Rs. 239.40 and Rs. 216.60 respectively. So far 13140 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 240.05 on 13-Jun-2022 and a 52 week low of Rs. 15.20 on 07-Jul-2021.

Last one week high and low of the scrip stood at Rs. 240.05 and Rs. 207.15 respectively. The current market cap of the company is Rs. 128.17 crore.

The promoters holding in the company stood at 58.48%, while Institutions and Non-Institutions held 1.52% and 40.00% respectively.

Gorani Industries has developed a new model in the range hood segment. The product is fit for the Indian Household as it is very economical and compact. The Company have completed with the testing and production of initial lot of 800 units which have been dispatched in the market as well. Gorani Industries has also finished testing of one more model of gas stove, the production of which shall be started soon.

Gorani Industries is in the business of production and sales of Kitchen and Home appliances and Kitchenware manufacturing and retailing is one such sector within the overall household segment.