Safari Industries rises as its arm commences additional commercial production of luggage at Halol factory
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Safari Industries (India) is currently trading at Rs. 1692.05, up by 5.90 points or 0.35% from its previous closing of Rs. 1686.15 on the BSE.
The scrip opened at Rs. 1686.95 and has touched a high and low of Rs. 1696.75 and Rs. 1674.50 respectively.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1975.25 on 10-Nov-2022 and a 52 week low of Rs. 781.00 on 22-Feb-2022.
Last one week high and low of the scrip stood at Rs. 1744.00 and Rs. 1620.55 respectively. The current market cap of the company is Rs. 4017.76 crore.
The promoters holding in the company stood at 47.24%, while Institutions and Non-Institutions held 27.03% and 25.74% respectively.
Safari Industries' (India) wholly owned subsidiary -- Safari Manufacturing (SML) has successfully commenced its additional commercial production/manufacturing of luggage on January 2, 2023 at its factory situated at Halol, Gujarat. Consequently, the effective production capacity of SML has increased from 1,25,000 pieces per month to 2,25,000 pieces per month.
Safari Industries (India) is engaged in the manufacturing and marketing of luggage and luggage accessories.
