RSWM moves up on entering into definitive business transfer agreement
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RSWM is currently trading at Rs. 417.00, up by 14.15 points or 3.51% from its previous closing of Rs. 402.85 on the BSE.
The scrip opened at Rs. 409.90 and has touched a high and low of Rs. 419.90 and Rs. 409.35 respectively. So far 2928 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 546.00 on 18-Jan-2022 and a 52 week low of Rs. 169.20 on 26-Apr-2021.
Last one week high and low of the scrip stood at Rs. 444.15 and Rs. 399.15 respectively. The current market cap of the company is Rs. 978.77 crore.
The promoters holding in the company stood at 53.16%, while Institutions and Non-Institutions held 3.70% and 43.14% respectively.
RSWM has entered into definitive Business Transfer agreement (BTA) towards sale/transfer of Private Freight Terminal (PFT) at an aggregate consideration of Rs 33 crore and the buyers have to arrange necessary approvals from Government Authorities including Railways.
RSWM is a leader in the domestic and international textile industry. It understands its customers’ and its planet's needs all the same.
