Salona Cotspin is currently trading at Rs. 62.50, up by 3.70 points or 6.29% from its previous closing of Rs. 58.80 on the BSE.
The scrip opened at Rs. 60.50 and has touched a high and low of Rs. 62.90 and Rs. 60.50 respectively. So far 1734 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 73.30 on 22-Feb-2017 and a 52 week low of Rs. 25.00 on 10-Mar-2016.
Last one week high and low of the scrip stood at Rs. 73.30 and Rs. 58.05 respectively. The current market cap of the company is Rs. 32.89 crore.
The promoters holding in the company stood at 57.38%, while Non-Institutions held 42.62%.
Salona Cotspin has decided to enter into garment business within the textile sector apart from its existing business.
Salona Cotspin is engaged in textiles-spinning of yarn and knitted fabrics. The company operates through Cotton Textiles segment.