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Friday, January 13, 2017

Mandhana Industries Share Price Grows over 8% Intraday


Mandhana IndustriesMandhana Industries share price saw a surge of more than 8 per cent intraday to touch a daily high of Rs 35.30. The intraday low of the share is Rs 31.60 so far.
At 1.45 PM Mandhana Industries share price was seen trading at Rs 34.60 apiece on NSE, up by 7.79 per cent or 2.50 points.
In today’s trading session 10,85,174 shares of the company have been traded on the counter of NSE for a total value of Rs 375.90 lacs.
Mandhana Industries is one of the multi divisional Textile Companies spread over multiple geographical locations. The company engages in the manufacturing of textiles as well as garments with its state-of-the-art infrastructure. The field of Mandhana’s business includes designing, yarn dyeing, weaving, processing, printing along with garment manufacturing. Planned infrastructural developments have helped it integrate vertically and establish itself as a niche player in the Indian Textile Industry with a turnover of over Rs. 6250 million (as on financial year 2009-10). From its humble beginnings 50 years ago as fabric retailers, the company has come a long way. All it had was goodwill, product and a receptive market to build an industry brick by brick.



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