Padam Cotton Yarns touches roof on getting nod to set up manufacturing, trading activities in Delh
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Padam Cotton Yarns is locked its upper circuit limit at Rs. 205.05, up by 4.00 points or 1.99% from its previous closing of Rs. 201.05 on the BSE.
The scrip opened at Rs. 201.05 and has touched a high and low of Rs. 205.05 and Rs. 205.05 respectively. So far 29116 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 205.05 on 14-Nov-2024 and a 52 week low of Rs. 32.02 on 18-May-2024.
Last one week high and low of the scrip stood at Rs. 205.05 and Rs. 189.95 respectively. The current market cap of the company is Rs. 77.87 crore.
The promoters holding in the company stood at 22.55%, while Non-Institutions held 77.45% in the company.
Padam Cotton Yarns has received approval for the setting up of manufacturing and trading activities at Bharat Nagar, Ashok Vihar, Delhi for further expansion and to explore new opportunities for manufacturing and dealing in textile products as covered under Main Object clause of the company along with existing business activities.
The Board of Directors of the company at their meeting held on November 13, 2024, has approved the same.
Padam Cotton Yarns is engaged in manufacturing of cotton yarn. The company also engagged in the business of Consulting.
