Gokaldas Exports rises on starting commercial production at manufacturing unit in Bengaluru

Gokaldas Exports is currently trading at Rs. 208.30, up by 2.60 points or 1.26% from its previous closing of Rs. 205.70 on the BSE.

Gokaldas Exports

The scrip opened at Rs. 212.00 and has touched a high and low of Rs. 212.00 and Rs. 203.25 respectively. So far 8889 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 5 has touched a 52 week high of Rs. 236.00 on 09-Aug-2021 and a 52 week low of Rs. 53.30 on 09-Sep-2020.

Last one week high and low of the scrip stood at Rs. 212.30 and Rs. 186.30 respectively. The current market cap of the company is Rs. 900.28 crore.

The promoters holding in the company stood at 33.12%, while Institutions and Non-Institutions held 9.18% and 57.71% respectively.

Gokaldas Exports has commenced commercial production at the new manufacturing unit situated at Khata/Khesra, Yellukunte, Old Mangamanapaya Road, Bommanahalli, Bengaluru after successfully obtaining licenses and clearances from all the relevant stakeholders. On achievement of full ramp up and productivity, the unit will contribute about 4.5% to the current capacity.

Gokaldas Exports is the largest exporter of garments in India. The company manufactures blazers and pants (formal and casuals), shorts, shirts, blouses, denim wear, swim wear, active and sportswear.

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