Shahlon Silk Industries gains on gearing up for entering into CETP business
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Shahlon Silk Industries is currently trading at Rs. 24.10, up by 0.12 points or 0.50% from its previous closing of Rs. 23.98 on the BSE.
The scrip opened at Rs. 23.31 and has touched a high and low of Rs. 26.00 and Rs. 23.31 respectively. So far 320127 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 30.79 on 26-Feb-2024 and a 52 week low of Rs. 12.31 on 11-Oct-2023.
Last one week high and low of the scrip stood at Rs. 26.00 and Rs. 22.70 respectively. The current market cap of the company is Rs. 214.33 crore.
The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 5.59% and 22.36% respectively.
Shahlon Silk Industries is gearing up for entering into CETP (Common Effluent Treatment Plant) business. The Company has identified the land required for the project and the company is in the process of finalizing the project components. The company is planning for installation of Common Effluent Treatment Plant with 8 MLD capacity with Zero Liquid Discharge and Recycling Plant including effluent conveyance pipeline and pumping network with treated water distribution network for re-use.
Shahlon Silk Industries is a leading, fully integrated textile company known for its innovative and high-quality textile solutions.
