Safari Industries inches up after its arm starts commercial production of luggage
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Safari Industries (India) is currently trading at Rs. 892.60, up by 0.30 points or 0.03% from its previous closing of Rs. 892.30 on the BSE.
The scrip opened at Rs. 905.15 and has touched a high and low of Rs. 922.00 and Rs. 891.90 respectively.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1049.15 on 08-Feb-2022 and a 52 week low of Rs. 637.90 on 29-Jun-2021.
Last one week high and low of the scrip stood at Rs. 933.30 and Rs. 879.90 respectively. The current market cap of the company is Rs. 2022.02 crore.
The promoters holding in the company stood at 50.02%, while Institutions and Non-Institutions held 22.09% and 27.89% respectively.
Safari Industries’ wholly owned subsidiary -- Safari Manufacturing has successfully started its commercial production/manufacturing of luggage from June 17, 2022. Safari Manufacturing has commenced the production from its newly set up factory situated at Halol in Gujarat.
Safari Industries (India) is engaged in the manufacturing and marketing of luggage and luggage accessories.
