Arvind is currently trading at Rs. 34.40, up by 1.55 points or 4.72% from its previous closing of Rs. 32.85 on the BSE.
The scrip opened at Rs. 35.00 and has touched a high and low of Rs. 35.10 and Rs. 33.30 respectively. So far 150075 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 76.00 on 12-Jun-2019 and a 52 week low of Rs. 19.00 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 38.45 and Rs. 31.60 respectively. The current market cap of the company is Rs. 892.75 crore.
The promoters holding in the company stood at 44.75%, while Institutions and Non-Institutions held 28.20% and 27.05% respectively.
Arvind has launched of Anti-Viral Textile technology for the First time in India under its brand ‘Intellifabrix’. The company has partnered with Swiss Textile Innovation leader HeiQ Materials AG in association with Taiwanese Specialty chemical major Jintex Corporation to introduce this revolutionary anti-virus technology in India.
Research shows that viruses and bacteria, can remain active on textile surfaces for up to two days. Garments treated with HeiQ Viroblock actively inhibit viruses and kill them upon contact, helping to minimize the potential for re-transmission of pathogens through clothing. HeiQ Viroblock significantly enhances the antiviral log reduction and reduces viral infectivity by 99.99% and is one of the first textile technologies in the world to claim such efficacy on SARS-CoV-2.
Arvind is India’s largest integrated textile player and is one of the oldest and most respected groups in the Textile Business in India. The company is also one of the largest producers of denim fabrics and is supplier to a large number of fashion brands in the world.
