AKI India touches roof on entering into joint venture arrangement with NPS Shoes
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AKI India is currently trading at upper limit of Rs. 16.38, up by 0.32 points or 1.99% from its previous closing of Rs. 16.06 on the BSE.
The scrip opened at Rs. 16.38 and has touched a high and low of Rs. 16.38 and Rs. 16.38 respectively. So far 15452 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 24.44 on 19-Apr-2023 and a 52 week low of Rs. 10.55 on 03-Oct-2023.
Last one week high and low of the scrip stood at Rs. 16.38 and Rs. 15.15 respectively. The current market cap of the company is Rs. 109.63 crore.
The promoters holding in the company stood at 68.94%, while Non-Institutions held 31.06% stake in the company.
AKI India has entered into Joint Venture arrangement with NPS Shoes, Company incorporated under the appropriate laws of the United Kingdom. Purpose of entering into the agreement is to set up a Joint Venture Company / LLP intend to co-operate in manufacturing/dealing in and exporting Leather Shoes in India and abroad for mutual benefit by setting up a new Manufacturing Company.
AKI India is engaged in the activities of producing and export of saddlery goods, services of the leather shoes and trading of leather chemicals at domestic level.
