This microcap capital goods company zooms on commencing commercial production!
Company is involved in the trading hair care and beauty products.
Bright Brothers’ wholly owned subsidiary -- Bright Brothers LLC has commenced commercial production at manufacturing unit located at Lena in the State of Wisconsin, United States of America (USA) from July 10, 2023.
Bright Brothers Ltd is one of the renowned brands offering Consumer Durable and Plastic Household Containers for various residential and commercial purposes. Furthermore, it manufactures and markets material handling plastic crates under its own brand name, ‘Brite’, and is involved in trading hair care and beauty products under the ‘Divo’ brand, procured from China and Taiwan.
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Bright Brothers is currently trading at Rs 158.55, up by 6.05 points or 3.97 per cent from its previous closing of Rs 152.50 on the BSE. The scrip opened at Rs 156.75 and has touched a high and low of Rs 159.95 and Rs 156.75 respectively. So far 482 shares were traded on the counter.
The BSE group 'X' stock of face value Rs 10 has touched a 52-week high of Rs 195.00 and a 52-week low of Rs 132.10. Last one week high and low of the scrip stood at Rs 161.80 and Rs 148.00 respectively. The current market cap of the company is Rs 86.62 crore.