Pearl Global Industries trades marginally higher on incorporating subsidiary company
Pearl Global Industries is currently trading at Rs. 1282.70, up by 0.85 points or 0.07% from its previous closing of Rs. 1281.85 on the BSE.
The scrip opened at Rs. 1265.55 and has touched a high and low of Rs. 1287.40 and Rs. 1233.25 respectively. So far 5032 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 1718.05 on 16-Jan-2025 and a 52 week low of Rs. 527.00 on 28-Mar-2024.
Last one week high and low of the scrip stood at Rs. 1370.95 and Rs. 1233.25 respectively. The current market cap of the company is Rs. 5886.59 crore.
The promoters holding in the company stood at 62.82%, while Institutions and Non-Institutions held 16.43% and 20.75% respectively.
Pearl Global Industries has incorporated a subsidiary company, i.e. Pearl Knitting & Dyeing Industries in Bangladesh on March 23, 2025. The objective of incorporation is to setup Knit Fabric Processing along with garment manufacturing facility.
Pearl Global Industries came into existence in 1987 with a vision of becoming global vendor to top fashion retailers in the world. The company is one of the few Indian apparel export houses.
