Cosmo First gains on incorporating wholly owned Subsidiary

Cosmo First is currently trading at Rs. 735.75, up by 7.80 points or 1.07% from its previous closing of Rs. 727.95 on the BSE.

The scrip opened at Rs. 736.75 and has touched a high and low of Rs. 736.75 and Rs. 731.90 respectively. So far 49 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1426.67 on 11-Apr-2022 and a 52 week low of Rs. 657.95 on 15-Nov-2022.

Last one week high and low of the scrip stood at Rs. 771.50 and Rs. 719.80 respectively. The current market cap of the company is Rs. 1984.32 crore.

The promoters holding in the company stood at 44.24%, while Institutions and Non-Institutions held 6.77% and 48.97% respectively.

Cosmo First has incorporated a wholly owned Indian Subsidiary Company in the name of ‘Cosmo Global Films’ for dealing in Packaging Films, Masterbatches, Coating Chemicals and Chemical Compounds including by products and joint products thereof.

Cosmo First (Formerly Cosmo Films) is a leading global brand, offering value added BOPP and CPP films for packaging, labelling, lamination and industrial applications.

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