Textile stocks surge after Govt announces special package for sector

The Cabinet has approved special package for employment generation & promotion of exports in Textile & Apparel sector.

Jun 23, 2016 08:06 IST India Infoline News Service

Textile stocks are trading higher on BSE after the Cabinet approved special package for employment generation & promotion of exports in Textile & Apparel sector.  It also announced a special package of Rs.6,000 crore for the textile and apparel industry.

Bannari Amman Spinning Mills Ltd is currently trading at Rs. 244.1, up by Rs. 20.1 or 8.97% from its previous closing of Rs. 224 on the BSE. The scrip opened at Rs. 242 and has touched a high and low of Rs. 252 and Rs. 235 respectively. So far 23337(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 352.8 crore.

Kitex Garments Ltd is currently trading at Rs. 492.8, up by Rs. 10.1 or 2% from its previous closing of Rs. 482.75 on the BSE. The scrip opened at Rs. 485 and has touched a high and low of Rs. 503 and Rs. 485 respectively. So far 353789(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2293.06 crore.

K P R Mill Ltd is currently trading at Rs. 988.2, up by Rs. 40.2 or 4.2% from its previous closing of Rs. 948 on the BSE. The scrip opened at Rs. 959.8 and has touched a high and low of Rs. 998.65 and Rs. 958.8 respectively. So far 82967(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3572.06 crore.

Soma Textiles & Industries Ltd is currently trading at Rs. 7.59, up by Rs. 0.13 or 1.7% from its previous closing of Rs. 7.46 on the BSE. The scrip opened at Rs. 7.96 and has touched a high and low of Rs. 7.96 and Rs. 7.25 respectively. So far 23234(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 24.64 crore.

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