HP Cotton Textile Mills zooms on incorporating wholly owned subsidiary company
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HP Cotton Textile Mills is currently trading at Rs. 123.70, up by 9.40 points or 8.22% from its previous closing of Rs. 114.30 on the BSE.
The scrip opened at Rs. 118.00 and has touched a high and low of Rs. 126.75 and Rs. 118.00 respectively. So far 5161 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 206.00 on 29-Dec-2021 and a 52 week low of Rs. 65.65 on 02-Jul-2021.
Last one week high and low of the scrip stood at Rs. 122.65 and Rs. 108.05 respectively. The current market cap of the company is Rs. 46.97 crore.
The promoters holding in the company stood at 64.39% and Non-Institutions held 35.61%.
HP Cotton Textile Mills has incorporated a wholly owned subsidiary company in the name of ‘HP MMF TEXTILES’ on June 24, 2022. HP MMF shall carry out business in the field of Textile. HP MMF is yet to commence its business operations.
HP Cotton Textile Mills is engaged in the manufacture of yarns and embroidery threads for both industrial and domestic usage.
