Padam Cotton Yarns has reached its upper circuit limit, trading at Rs. 205.05 on the BSE, marking a 1.99% rise from its previous close of Rs. 201.05, gaining 4 points. The stock, which opened at Rs. 201.05, hit a high and low of Rs. 205.05, with 29,116 shares changing hands.

Belonging to the BSE ‘XT’ group with a face value of Rs. 10, the stock reached its 52-week high of Rs. 205.05 on November 14, 2024, and a low of Rs. 32.02 on May 18, 2024. Over the past week, the share price fluctuated between Rs. 205.05 and Rs. 189.95, with the company’s market capitalization currently at Rs. 77.87 crore.

Padam Cotton Yarns' promoter holding stands at 22.55%, while non-institutional investors hold 77.45%. The recent approval to establish new manufacturing and trading operations in Bharat Nagar, Ashok Vihar, Delhi will allow the company to expand its textile manufacturing and trading activities beyond its current operations. This decision was approved by the company's Board of Directors in their November 13, 2024, meeting.

Padam Cotton Yarns primarily manufactures cotton yarn and is also involved in consulting services.