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Butterfly Gandhimathi Appliances gains on launching two new products
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Butterfly Gandhimathi Appliances is currently trading at Rs. 967.90, up by 4.35 points or 0.45% from its previous closing of Rs. 963.55 on the BSE.
The scrip opened at Rs. 978.65 and has touched a high and low of Rs. 984.05 and Rs. 967.60 respectively. So far 630 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1299.90 on 06-Sep-2023 and a 52 week low of Rs. 685.00 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 1035.00 and Rs. 887.90 respectively. The current market cap of the company is Rs. 1734.05 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 5.09% and 19.91% respectively.
Butterfly Gandhimathi Appliances has launched two new products - ‘Magnum Air Frye’ in Air Fryer category and ‘Magnum 3 in 1 Sandwich Maker’ in sandwich maker category. The said products have been launched on August 30, 2024 and will caters to domestic market.
Butterfly Gandhimathi Appliances introduced stainless steel pressure cookers and steel flasks, and was the first to acquire ISO 9002 certification. It has expanded tremendously in terms of product offerings and reach.
