Lehar Footwears rises on forming wholly owned subsidiary
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Lehar Footwears is currently trading at Rs. 158.45, up by 1.55 points or 0.99% from its previous closing of Rs. 156.90 on the BSE.
The scrip opened at Rs. 154.25 and has touched a high and low of Rs. 158.95 and Rs. 154.25 respectively. So far 8718 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 179.00 on 31-Aug-2023 and a 52 week low of Rs. 70.00 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 169.50 and Rs. 154.25 respectively. The current market cap of the company is Rs. 258.12 crore.
The promoters holding in the company stood at 70.99%, while Non-Institutions held 29.01% stake in the company.
Lehar Footwears has formed a wholly owned subsidiary in the name and style of ‘lehar Foundation’ in the state of Rajasthan vide certificate of incorporation granted by Central Registration Centre, Manesar. The company has formed a wholly owned subsidiary on November 8, 2023. Lehar Foundation is incorporated as a Not-for-Profit company to promote and support CSR activities.
Lehar Footwears renowned for manufacturing and supplying an impeccable range of Men and Women Footwear.
