Samtex Fashions advances on getting nod to shift manufacturing facilities to new premises

Mumbai : Samtex Fashions is currently trading at Rs. 1.64, up by 0.03 points or 1.86% from its previous closing of Rs. 1.61 on the BSE. The scrip opened at Rs. 1.68 and has touched a high and low of Rs. 1.68 and Rs. 1.53 respectively. So far 36794 shares were traded on the counter.

The BSE group ‘XT’ stock of face value Rs. 2 has touched a 52 week high of Rs. 4.24 on 16-Mar-2018 and a 52 week low of Rs. 1.23 on 10-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1.79 and Rs. 1.60 respectively. The current market cap of the company is Rs. 12.22 crore.

The promoters holding in the company stood at 49.25%, while Institutions and Non-Institutions held 0.07% and 50.68% respectively.

Samtex Fashions has received an approval for the Shifting of Registered office and Manufacturing Facilities of the company from Property No. D-100 Phase II, Hosiery Complex Noida Gautam Buddha Nagar UP to the Premises located at Plot No. 163, Udyog Vihar, Greater Noida UP, with effect from March 21, 2019. The Board of Directors of the company at their meeting held on March 15, 2019, approved the same.

Samtex Fashions is a 100% export-oriented unit engaged in the business of readymade Garments.

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