EIE shares goes up by 9.9 per cent
Shital Jibhe / 20 Jan 2017
Eurotex Industries zooms in the first half of the trading session gaining more than 9 per cent on January 20, even as the broader markets reel under pressure with major indices trading in red.
Eurotex Industries zooms in the first half of the trading session gaining more than 9 per cent on January 20, even as the broader markets reel under pressure with major indices trading in red.
The Eurotex Industries and Exports (EIE) is the stock of the day as it is up by 11.45 per cent on a intraday basis. The stock witnessed a spurt in volumes by more than 1.76 times. The stock is up by more than 30 per cent in one week's time indicating the positive momentum of the stock.
In the last one year, the stock has given a return of 27.41 per cent. On a YoY basis, the stock has outperformed small cap and BSE 500 index.The Eurotex Industries and Exports is a part of the Patodia Eurotex Group of Industries. The company is operational in textile, raw cotton and ready to wear fashion garments. The current turnover of the group exceeds 100 million US Dollars of which it exports more than 50 per cent.
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