Kallam Textiles soars on securing interest subsidy of Rs 3.30 crore
Kallam Textiles is currently trading at Rs. 3.99, up by 0.21 points or 5.56% from its previous closing of Rs. 3.78 on the BSE.
The scrip opened at Rs. 3.80 and has touched a high and low of Rs. 4.24 and Rs. 3.78 respectively. So far 43503 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 7.34 on 01-Nov-2024 and a 52 week low of Rs. 3.31 on 21-Oct-2025.
Last one week high and low of the scrip stood at Rs. 4.89 and Rs. 4.27 respectively. The current market cap of the company is Rs. 20.91 crore.
The promoters holding in the company stood at 45.61%, while non-institutions held 54.39% stake in the company.
Kallam Textiles has received interest subsidy of Rs 3.30 crore from Government of Andhra Pradesh. The government released an amount to the company towards reimbursement of Interest subsidy under the Andhra Pradesh - Industrial Development Policy (IDP).
Kallam Textiles manufactures cotton yarn mainly for the export market.
