PDS rises on entering into strategic partnership with Busana Apparel Group
PDS is currently trading at Rs. 388.05, up by 6.05 points or 1.58% from its previous closing of Rs. 382.00 on the BSE.
The scrip opened at Rs. 395.00 and has touched a high and low of Rs. 404.55 and Rs. 385.15 respectively. So far 49295 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 419.45 on 14-Jul-2026 and a 52 week low of Rs. 246.00 on 23-Mar-2026.
Last one week high and low of the scrip stood at Rs. 419.45 and Rs. 347.65 respectively. The current market cap of the company is Rs. 5558.68 crore.
The promoters holding in the company stood at 61.37%, while Institutions and Non-Institutions held 9.09% and 29.55% respectively.
PDS and Busana Apparel Group, one of Indonesia's leading apparel manufacturing companies, have entered into strategic partnership to build the next generation of global apparel manufacturing. The global apparel industry is witnessing a significant shift in sourcing dynamics.
The partnership brings together the complementary strengths of both organizations wherein they will jointly pursue new opportunities with global brands and retailers seeking to diversify their sourcing footprint, while leveraging each other's capabilities across manufacturing excellence, product innovation, design, and customer engagement. Thus, enabling customers to benefit from diversified manufacturing and customer bases, greater production scale and flexibility, faster speed-to-market through an integrated global network, enhanced supply chain resilience and risk diversification, and world-class manufacturing excellence and innovation.
