01-01-1970 12:00 AM | Source: IANS
Nihar Info Global soars on getting nod from Amazon.in Marketplace to list Lifestyle products of ONVO Brand
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Nihar Info Global is currently trading at Rs. 8.40, up by 0.35 points or 4.35% from its previous closing of Rs. 8.05 on the BSE.

The scrip opened at Rs. 8.44 and has touched a high and low of Rs. 8.44 and Rs. 8.40 respectively. So far 3672 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 22.90 on 04-Jan-2022 and a 52 week low of Rs. 7.21 on 18-Oct-2022.

Last one week high and low of the scrip stood at Rs. 8.60 and Rs. 7.99 respectively. The current market cap of the company is Rs. 7.77 crore.

The promoters holding in the company stood at 24.20%, while Non-Institutions held 75.80% stake in the company.

Nihar Info Global (NIGL) has received approval from Amazon.in Marketplace to list the Lifestyle products of ONVO Brand. With this, Nihar Info Global has access to various Amazon Brand Registry tools, which help actively protect the ONVO brand on Amazon. Also the Company will be provided access to set up a Store page for the Brand to showcase all the products of ONVO.

The Company has initiated the Cataloging process of its ONVO products and should be soon available on Amazon.in marketplace for its customers. ONVO Brand of Lifestyle products have been selling on Flipkart.com and have garnered good response from the customers for the last few months and with the launch of these products on Amazon.in, the Company would be adding another sales channel and should increase the sale drastically for the ONVO range of Lifestyle products. ONVO is a Lifestyle D2C brand of Nihar Info Global and has Lifestyle Products related to Travel and Home Accessories. Nihar Info Global has successfully applied for Trademark registration of its private label ‘ONVO’ under the Trademark Classes 18 and 21.

Nihar Info Global (NIGL) is in the business of Software and e-Commerce.