Calcom Vision moves up on tying up with Flipkart India
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Calcom Vision is currently trading at Rs. 161.00, up by 1.45 points or 0.91% from its previous closing of Rs. 159.55 on the BSE.
The scrip opened at Rs. 159.00 and has touched a high and low of Rs. 162.00 and Rs. 157.00 respectively. So far 33449 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 205.00 on 12-Oct-2023 and a 52 week low of Rs. 118.30 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 170.00 and Rs. 157.00 respectively. The current market cap of the company is Rs. 213.29 crore.
The promoters holding in the company stood at 63.85%, while Institutions and Non-Institutions held 10.74% and 25.40% respectively.
Calcom Vision has tied up with Flipkart India as one of its privileged customer to supply all types of LED products on regular basis to Flipkart under its private brand. The company has also received the first order from them for certain lighting products. The Initial order is little over Rs 50 lakh and further the supplies are expected to grow to over Rs 10 crore per annum. Flipkart is a Multinational Company based in Bangalore holding 48% market share in Indian e-commerce industry.
Calcom Vision is engaged in the manufacturing & export of PCB, resistors, connectors; SMPS power supply, cord, CTV chassis, mobile chaarger, inverter, and emergency light.
