Visagar Polytex Share Update: The stock market was positive on Tuesday, and the BSE Sensex gained 31 points.
Among the rising stocks was Visagar Polytex Limited, a low-priced stock.
On the BSE index, its price was Rs 1.47, showing a 20% increase from Rs 1.23 the previous day, reaching its 52-week high.
It’s worth noting that the share price had dropped to its lowest point of 0.68 paise on March 22 last year.
The positive trend continued on Wednesday, with a further 20% increase, bringing the share price to Rs 1.80.
Returns Over Time
1) Year-to-date returns are over 30%.
2) One-month returns are at 69%.
3) Positive returns in three and six months.
4) In one and three years, the stock has risen by 110%, but it gave negative returns of 42% in the second year.
Shareholding Pattern: Promoters hold 5.63% of the stake, while public shareholding is 94.37%. Promoters hold 1,64,88,533 shares.
ASM Category: Visagar Polytex shares are in the Stage 1 category of ASM (Additional Surveillance Measures), a measure by stock exchanges
and SEBI to safeguard investor interests. This categorization includes short and long-term classifications.
About the Company: Visagar Polytex Limited operates in the textile sector, with a nationwide presence through its VIVIDHA brand.
The company offers ethnic wear products through retail and wholesale channels, enjoying a broad market and customer base.
