PDS trades in green on incorporating wholly owned subsidiary
PDS is currently trading at Rs. 466.75, up by 1.05 points or 0.23% from its previous closing of Rs. 465.70 on the BSE.
The scrip opened at Rs. 480.10 and has touched a high and low of Rs. 481.35 and Rs. 462.75 respectively. So far 1105 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 658.15 on 16-Dec-2024 and a 52 week low of Rs. 355.00 on 16-May-2024.
Last one week high and low of the scrip stood at Rs. 485.30 and Rs. 444.00 respectively. The current market cap of the company is Rs. 6593.74 crore.
The promoters holding in the company stood at 61.52%, while Institutions and Non-Institutions held 10.89% and 27.59% respectively.
PDS has incorporated a wholly owned subsidiary on February 12, 2025. The name of the subsidiary is ‘NexStyle Apparel Manufacturing’ and will operate in manufacturing business of garments, apparel, and other allied activities. The primary goal of incorporating the new subsidiary is expanding the PDS Group’s manufacturing footprint both in India and internationally through strategic acquisitions of manufacturing businesses, accelerating sourcing capabilities from India etc. thereby enhancing its value, profitability, and operational efficiency.
PDS is a design-led organisation and its talented design teams offer exceptional product development and design services customised to retailers’ requirements.
