52-week high stock: Shares of this micro-cap textile company zoomed 20 per cent today; do you have it?

Shares witnessed a spurt in volume by more than 5.16 times on BSE.

Today, the Indian market indices opened on a positive note. The S&P BSE Sensex touched 62,275.01, up by 247.11 points from the previous day’s closing. The Nifty50 touched 18,380.80, up by 66.05 from its previous closing of 18,314.80. In this bullish market, a textile company touched zoomed 20 per cent and touch its new 52-week high.

Today, the shares of Suryaamba Spinning Mills Ltd are trading at Rs 278.75, up by 46.45 points or 20 per cent from its previous closing of Rs 232.30 on the BSE. The scrip opened at Rs 237.70 and touched a high and low of Rs 278.75 and Rs 237.65, respectively. So far 21,172 shares were traded on the counter.

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Suryaamba Spinning Mills Ltd is a leading manufacturer of speciality synthetic spun yarns in India. The company was founded in 1993 and is headquartered in Nagpur, Maharashtra. Suryaamba has a strong focus on quality and innovation, and its products are used by leading brands in the textile industry.

The company is known for its high-quality products, innovative solutions, and commitment to sustainability. Suryaamba is a trusted partner of leading brands in the textile industry and is committed to providing its customers with the best possible products and services.

The BSE group 'X' stock of face value of Rs 10 has touched a 52-week high of Rs 278.75, a 52-week low of Rs 139. The current market cap of the company is Rs 81.7 crore.

The promoters holding in the company stood at 74.25 per cent, while Institutions and Non-Institutions held 0.03 per cent and 25.71 per cent respectively.