T T gains on inking MoU with Bizcrum Infotech
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T.T. is currently trading at Rs. 109.65, up by 0.65 points or 0.60% from its previous closing of Rs. 109.00 on the BSE.
The scrip opened at Rs. 109.95 and has touched a high and low of Rs. 113.55 and Rs. 108.20 respectively. So far 1491 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 127.90 on 27-Feb-2024 and a 52 week low of Rs. 64.75 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 119.00 and Rs. 106.35 respectively. The current market cap of the company is Rs. 233.04 crore.
The promoters holding in the company stood at 58.68%, while Non-Institutions held 41.31% stake in the company.
T.T. has entered into a Memorandum of Understanding (MoU) with Bizcrum Infotech (Bijnis) to push sell and expand market through the BIJNIS B2B platform. Bijnis has agreed to give special emphasis on promoting ‘T.T.’ brand goods PAN India through their online B2B marketplace.
The company and Bijnis will collaborate and be able to expand business to every nook and corner of the country by leveraging the digital platform and ground level network. This will save T.T., the high cost of entering new markets & reduce credit risks.
T.T. is engaged in the manufacturing of combed cotton yarn, carded cotton yarn and knitted fabric cloth.
