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Sky Industries is currently trading at Rs. 158.00, up by 0.60 points or 0.38% from its previous closing of Rs. 157.40 on the BSE.

The scrip opened at Rs. 156.00 and has touched a high and low of Rs. 161.00 and Rs. 152.00 respectively. So far 3008 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 196.05 on 14-Oct-2024 and a 52 week low of Rs. 68.20 on 25-Jan-2024.

Last one week high and low of the scrip stood at Rs. 165.80 and Rs. 152.00 respectively. The current market cap of the company is Rs. 120.73 crore.

The promoters holding in the company stood at 58.11%, while Non-Institutions held 41.89% stake in the company.

Sky Industries has acquired 19,89,602 equity shares of Rs 10 each at par aggregating to Rs 1.98 crore by way of subscribing to the rights issue of Skytech Textiles, the subsidiary of the company. This investment will help Skytech inter alia in repayment / pre-payment, of certain outstanding borrowings. There will be no change in shareholding of the company in Skytech. Skytech will continue to remain a subsidiary of the company.

Sky Industries is India's largest manufacturer of hook and loop tape fasteners. They are also the largest manufacturer of all kinds of elastics and other narrow fabrics.