Himatsingka Seide gains on raising Rs 97 crore through NCDs
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Himatsingka Seide is currently trading at Rs. 120.80, up by 1.10 points or 0.92% from its previous closing of Rs. 119.70 on the BSE.
The scrip opened at Rs. 120.00 and has touched a high and low of Rs. 122.80 and Rs. 120.00 respectively. So far 12707 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 186.60 on 14-Dec-2023 and a 52 week low of Rs. 67.55 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 127.40 and Rs. 117.50 respectively. The current market cap of the company is Rs. 1190.84 crore.
The promoters holding in the company stood at 47.57%, while Institutions and Non-Institutions held 5.08% and 47.35% respectively.
Himatsingka Seide has raised Rs 97 crore through the allotment of final tranche of 970 Unrated, Unlisted, Secured, Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 to International Finance Corporation (IFC). The Securities Committee has on March 20, 2024, approved allotment of the same.
Himatsingka Seide is an integrated global textile major that designs, develops, manufactures, distributes and retails a suite of textile products.
