Kwality is currently trading at Rs. 140.15, up by 2.20 points or 1.59% from its previous closing of Rs. 137.95 on the BSE.
The scrip opened at Rs. 138.15 and has touched a high and low of Rs. 141.80 and Rs. 137.20 respectively. So far 1,44,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 159.40 on 07-Oct-2016 and a 52 week low of Rs. 78.45 on 17-Feb-2016.
Last one week high and low of the scrip stood at Rs. 141.80 and Rs. 136.00 respectively. The current market cap of the company is Rs. 3,331.13 crore.
The promoters holding in the company stood at 64.24%, while Institutions and Non-Institutions held 3.23% and 32.52% respectively.
Kwality has started commercial production at its new unit at Softa plant in Haryana, which is being set‐up primarily for manufacturing of value‐added products such as Flavoured Milk, Paneer, Cheese, UHT milk, Cream in tetra packs, Table‐Butter, Yoghurts, amongst others.
The new unit, when fully operational, to have milk handling capacity of 0.9 Mn litres/day primarily for value‐added products with total capital outlay of around Rs 400 crore. With this unit, cumulative milk processing capacity of Kwality would reach 4.3 Mn litres/day across its six plants.
Kwality is amongst largest and fastest growing private dairy companies in India today with milk processing capacity of 3.4 Mn Litres /Day through its six state‐of‐the‐art plants strategically located close to key north markets.