SBC Exports shines on bagging export order worth Rs 45 crore
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SBC Exports is currently trading at Rs. 30.53, up by 1.95 points or 6.82% from its previous closing of Rs. 28.58 on the BSE.
The scrip opened at Rs. 29.01 and has touched a high and low of Rs. 31.29 and Rs. 28.21 respectively. So far 1120661 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 33.90 on 20-Jan-2024 and a 52 week low of Rs. 13.35 on 11-Aug-2023.
Last one week high and low of the scrip stood at Rs. 31.29 and Rs. 26.42 respectively. The current market cap of the company is Rs. 980.32 crore.
The promoters holding in the company stood at 63.60%, while Institutions and Non-Institutions held 0.01% and 36.39% respectively.
SBC Exports has received an export order for supply of various Garment articles including T-Shirts, Trousers, Shorts etc. for a value of around Rs 45 crore from M/s Gawgee Brothers Wholesalers CO. LLC, a Dubai based Textile Company. The order is to be executed within one year form the date of purchase order i.e. August 12, 2024.
The payment of the shipment will be received within the period of 90 days from the date of receipt of the goods by M/s Gawgee Brothers Wholesalers Co. LLC. All the expenses relating to the Insurance and freight will be borne by M/s Gawgee Brothers Wholesalers Co. LLC.
SBC Exports is engaged in the trading of handmade carpets, cushion covers, cotton quilts and bedspreads etc. in the Mirzapur.
