Sangam (India) trades in fine fettle on the bourses
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Sangam (India) is currently trading at Rs. 298.35, up by 8.00 points or 2.76% from its previous closing of Rs. 290.35 on the BSE.
The scrip opened at Rs. 292.50 and has touched a high and low of Rs. 305.00 and Rs. 284.00 respectively. So far 4634 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 335.00 on 13-Dec-2021 and a 52 week low of Rs. 61.00 on 14-Dec-2020.
Last one week high and low of the scrip stood at Rs. 335.00 and Rs. 279.10 respectively. The current market cap of the company is Rs. 1250.32 crore.
The promoters holding in the company stood at 61.45%, while Institutions and Non-Institutions held 1.23% and 37.32% respectively.
Sangam (India) is all set to execute a Memorandum of Understanding (MOU) with the Government of Rajasthan during the upcoming ‘Investment Summit’ at Bhilwara for investment to the extent of Rs 1521 crore in proposed projects of the company directly or through its wholly owned subsidiary in the state of Rajasthan.
Sangam (India) is the largest producer of PV dyed yarn in Asia at a single location. It is also a forerunner in manufacturing ready to stitch fabric.
