Kallam Textiles touches roof on the BSE
Kallam Textiles is locked its upper circuit limit at Rs. 16.60, up by 0.75 points or 4.73% from its previous closing of Rs. 15.85 on the BSE.
The scrip opened at Rs. 16.60 and has touched a high and low of Rs. 16.60 and Rs. 16.60 respectively. So far 42941 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 2 has touched a 52 week high of Rs. 24.97 on 22-Jul-2021 and a 52 week low of Rs. 6.27 on 30-Sep-2020.
Last one week high and low of the scrip stood at Rs. 16.95 and Rs. 14.65 respectively. The current market cap of the company is Rs. 71.08 crore.
The promoters holding in the company stood at 52.23%, while Institutions and Non-Institutions held 1.28% and 46.49% respectively.
Kallam Textiles has received an amount of Rs 33.00 crore from Government of Andhra Pradesh towards Reimbursement of Interest subsidy under the Andhra Pradesh - Industrial Development Policy (IDP) 2015-20.
Kallam Textiles manufactures cotton yarn mainly for the export market. The manufacturing units are located at Guntur and Khammam, both in Andhra Pradesh.