Radix Industries (India) touches roof on getting nod to incorporate wholly owned subsidiary in USA

Radix Industries (India) is currently trading at upper limit of Rs. 184.90, up by 8.80 points or 5.00% from its previous closing of Rs. 176.10 on the BSE.
The scrip opened at Rs. 184.90 and has touched a high and low of Rs. 184.90 and Rs. 184.90 respectively. So far 1 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 212.00 on 10-Feb-2025 and a 52 week low of Rs. 125.55 on 06-Sep-2024.
Last one week high and low of the scrip stood at Rs. 193.00 and Rs. 175.00 respectively. The current market cap of the company is Rs. 264.28 crore.
The promoters holding in the company stood at 74.96% while Non-Institutions held 25.04% stake in the company.
Radix Industries (India) has received approval for incorporation of wholly owned subsidiary in United States of America (USA). The proposed entity shall carry on the business of marketing, distribution and sale of Human Hair Related Product
The Board of Directors of the company in its meeting held on August 4, 2025, has approved the same.
Radix Industries (India) is engaged in to the production of the best quality Remy human hair into different styles and colours.
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