VIP Clothing trades higher on getting nod to sell leasehold rights of Umbergaon plot
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VIP Clothing is currently trading at Rs. 24.45, up by 0.45 points or 1.88% from its previous closing of Rs. 24.00 on the BSE.
The scrip opened at Rs. 24.80 and has touched a high and low of Rs. 24.80 and Rs. 24.00 respectively. So far 21052 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 34.15 on 19-Apr-2022 and a 52 week low of Rs. 16.00 on 2-Jul-2021.
Last one week high and low of the scrip stood at Rs. 24.80 and Rs. 21.90 respectively. The current market cap of the company is Rs. 201.95 crore.
The promoters holding in the company stood at 49.52%, while Institutions and Non-Institutions held 0.37% and 50.11% respectively.
VIP Clothing has received approval for Memorandum of Understanding (MoU) with regards to asset monetization by way of sale of leasehold rights in respect of Umbergaon Plot, situated within the Village limits of Daheri, Taluka- Umbergaon, District- Valsad. The board of directors at its meeting held on May 30, 2022 has approved the same.
VIP Clothing is leading Indian company engaged in manufacturing and marketing of innerwear.
