Asian Star Company soars on commencing operations at new manufacturing unit in Andheri
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Asian Star Company is currently trading at Rs. 858.80, up by 54.90 points or 6.83% from its previous closing of Rs. 803.90 on the BSE.
The scrip opened at Rs. 823.55 and has touched a high and low of Rs. 858.80 and Rs. 811.00 respectively. So far 108 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 885.00 on 11-Sep-2023 and a 52 week low of Rs. 627.75 on 23-May-2023.
Last one week high and low of the scrip stood at Rs. 858.80 and Rs. 793.05 respectively. The current market cap of the company is Rs. 1318.32 crore.
The promoters holding in the company stood at 74.66%, while Institutions and Non-Institutions held 4.33% and 21.01% respectively.
Asian Star Company has commenced the production of Diamond Studded Jewellery at newly set up manufacturing unit located at Unit No. GJ-16, SDF-VII, SEEPZ SEZ at Andheri, Mumbai. This unit will cater to the international market.
The company is one of the world’s leading diamantaires primarily engaged in the business of diamond cutting and polishing, jewellery manufacturing and retailing. The company is also engaged in generation of electricity through wind power in India.
