Texmo Pipes and Products inches up on incorporating wholly owned subsidiary
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Texmo Pipes and Products is currently trading at Rs. 60.95, up by 0.03 points or 0.05% from its previous closing of Rs. 60.92 on the BSE.
The scrip opened at Rs. 60.91 and has touched a high and low of Rs. 62.20 and Rs. 60.82 respectively. So far 4728 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 84.00 on 20-May-2022 and a 52 week low of Rs. 41.00 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 68.51 and Rs. 54.00 respectively. The current market cap of the company is Rs. 178.50 crore.
The promoters holding in the company stood at 44.24%, while Institutions and Non-Institutions held 0.91% and 54.85% respectively.
Texmo Pipes and Products has incorporated a new company in the name of ‘Shree Venkatesh Polymers’ as a wholly owned subsidiary of the company. The company has incorporated wholly owned subsidiary on April 30, 2023.
Texmo Pipes & Products is engaged into manufacturing of range of PVC and HDPE pipes viz. suction and delivery hose pipe etc.
