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Mafatlal Industries is currently trading at Rs. 178.30, up by 0.50 points or 0.28% from its previous closing of Rs. 177.80 on the BSE.

The scrip opened at Rs. 180.70 and has touched a high and low of Rs. 180.70 and Rs. 175.40 respectively. So far 9911 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 220.95 on 27-Jun-2024 and a 52 week low of Rs. 97.20 on 14-Mar-2024.

Last one week high and low of the scrip stood at Rs. 187.00 and Rs. 175.10 respectively. The current market cap of the company is Rs. 1272.75 crore.

The promoters holding in the company stood at 69.62%, while Institutions and Non-Institutions held 1.64% and 28.74% respectively.

Mafatlal Industries has received approval for principle a proposal to incorporate a subsidiary company. The object of incorporation of this subsidiary is to develop, market, sell, implement ERP (Enterprise Resource Planning) mobile application, Websites, CRM (Customer Relationship Management) tool, e-commerce portals, software applications (cloud based or desktop based or any other based) etc. and train customers on all the features of the provided products; and To advise, provide consultancy services, develop and implement products for customers on all matters regarding implementation of computer software and hardware systems, providing hardware solutions, management of data processing and information systems and data communication systems whether in India/abroad, and other objects of the Company are more particularly set out in its Memorandum of Association.

The Board of Directors of the company at its meeting held on September 11, 2024, has approved the same.

Mafatlal Industries is engaged in manufacture of textiles and textile chemicals.