Electronics Mart India soars on starting commercial operations of store in Telangana
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Electronics Mart India is currently trading at Rs. 196.10, up by 4.10 points or 2.14% from its previous closing of Rs. 192.00 on the BSE.
The scrip opened at Rs. 191.05 and has touched a high and low of Rs. 201.70 and Rs. 191.05 respectively. So far 83109 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 244.50 on 15-Jan-2024 and a 52 week low of Rs. 61.70 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 201.70 and Rs. 190.20 respectively. The current market cap of the company is Rs. 7562.24 crore.
The promoters holding in the company stood at 72.97%, while Institutions and Non-Institutions held 21.49% and 5.54% respectively.
Electronics Mart India has commenced the commercial operation of a new Multi Brand Stores under the brand name ‘BAJAJ ELECTRONICS’ on March 23 2024 at Meerpet Village, Balapur Mandal, Ranga Reddy District, Telangana. The area of the store is around 7560 Square feet.
Earlier, the company had commenced the commercial operations of a new Multi Brand Store under the brand name ‘ELECTRONICS MART’ on February 23, 2024 in New Delhi.
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.
