Axita Cotton touches roof on bagging order from Bangladesh

Axita Cotton is currently trading at its upper circuit limit of Rs. 92.40, up by 4.40 points or 5.00% from its previous closing of Rs. 88.00 on the BSE.

The scrip opened at Rs. 92.40 and has touched a high and low of Rs. 92.40 and Rs. 92.40 respectively. So far 4000 shares were traded on the counter.

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The BSE group ‘M’ stock of face value Rs. 10 has touched a 52 week high of Rs. 93.15 on 26-Nov-2021 and a 52 week low of Rs. 25.40 on 03-Dec-2020.

Last one week high and low of the scrip stood at Rs. 93.15 and Rs. 82.00 respectively. The current market cap of the company is Rs. 121.08 crore.

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The promoters holding in the company stood at 72.37%, while Non-Institutions hold 27.63% stake in the company.

Axita Cotton has bagged an order for Indian raw cotton from Bangladesh. The cost of the order is approximately $806890.92.

Axita Cotton is engaged in manufacturing & export of best quality cotton bales & cotton seeds.