Voltas gains on joining fingers with Shima Seiki

Voltas gains on joining fingers with Shima Seiki

by admin- Tuesday, April 9th, 2019 04:09:45 PM

Voltas is presently buying and selling at Rs. 613.80, up by 2.60 points or 0.Forty three% from its preceding closing of Rs. 611.20 at the BSE.

The scrip opened at Rs. 618.00 and has touched a high and low of Rs. 618.00 and Rs. 611.35 respectively. So far 3424 shares have been traded at the counter.

The BSE institution ‘A’ stock of face cost Rs. 1 has touched a fifty two week high of Rs. 664.60 on 23-Apr-2018 and a 52 week low of Rs. 471.00 on 08-Oct-2018.

Last one week high and coffee of the scrip stood at Rs. 633.25 and Rs. 602.00 respectively. The present day market cap of the employer is Rs. 20223.Sixty eight crore.

The promoters holding in the employer stood at 30.30%, even as Institutions and Non-Institutions held forty seven.87% and 21.Eighty three% respectively.

Voltas and Shima Seiki Mfg. (Shima), a leading Japanese textile machines producer, have entered right into a distribution settlement for income and marketing of Shima’s products in India. This co-operation is anticipated to bolster each Voltas and Shima’s attain across the swiftly increasing Indian textile industry.

The co-operation will awareness on leveraging Shima’s potential to provide leading edge merchandise and the lengthy status knowledge in ‘automatic flat knitting machines’, ‘WHOLEGARMENT Machines and Total Fashion Systems’ while constructing on Voltas’s hooked up income and marketing community throughout the u . S . A ..

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