Metro Brands is currently trading at Rs. 555.75, up by 47.85 points or 9.42% from its previous closing of Rs. 507.90 on the BSE.
The scrip opened at Rs. 550.00 and has touched a high and low of Rs. 575.90 and Rs. 543.10 respectively. So far 32768 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 5 has touched a 52 week high of Rs. 575.90 on 17-Jan-2022 and a 52 week low of Rs. 426.10 on 22-Dec-2021.
Last one week high and low of the scrip stood at Rs. 575.90 and Rs. 459.05 respectively. The current market cap of the company is Rs. 13789.86 crore.
Metro Brands The promoters holding in the company stood at 63.97%, while Non-Institutions held 36.03% stake in the company.
Metro Brands has signed an exclusive strategic partnership with FitFlop, a footwear brand that combines style with world-class science, for sale and distribution in India. Metro Brands has been selling FitFlop in India for the last four years and with this agreement, Metro Brands has secured exclusive rights for sale of FitFlop for Indian markets across formats including Exclusive Brand Stores, Multi Brand Stores, Airport Stores, Distribution, Online Marketplaces and Webstore in India.
With this partnership, Metro Brands seeks to reach out and serve the Indian homes who value ultimate comfort with Global Fashion. Metro brands has locations across 136 cities and 30 states in India and plans to leverage its strong network and distribution and online capabilities to drive the FitFlop business in India.