Electronics Mart India soars on starting commercial operations of new store in Telangana
Electronics Mart India is currently trading at Rs. 247.00, up by 4.75 points or 1.96% from its previous closing of Rs. 242.25 on the BSE.
The scrip opened at Rs. 247.60 and has touched a high and low of Rs. 261.75 and Rs. 244.35 respectively. So far 84147 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 261.75 on 9-Jul-2024 and a 52 week low of Rs. 87.40 on 14-Jul-2023.
Last one week high and low of the scrip stood at Rs. 261.75 and Rs. 220.60 respectively. The current market cap of the company is Rs. 9499.45 crore.
The promoters holding in the company stood at 72.97%, while Institutions and Non-Institutions held 21.86% and 5.18% respectively.
Electronics Mart India has commenced the commercial operations of a new Multi Brand Store under the brand name ‘BAJAJ ELECTRONICS’ on July 8, 2024 at Secunderabad Cantonment, Telangana. The area of the store is around 7,200 square feet.
Earlier, the company had commenced the commercial operations of a new Multi Brand Store under the brand name ‘BAJAJ ELECTRONICS’ on June 18, 2024 at Andhra Pradesh.
Electronics Mart India offers a diversified range of products with focus on large appliances (air conditioners, televisions, washing machines and refrigerators), mobiles and small appliances, IT and others.