14 Feb 2025

PDS Stock Rises Slightly; Establishes New Subsidiary for Global Expansion

PDS is currently trading at Rs. 466.75, up by 1.05 points (0.23%) from its previous closing of Rs. 465.70 on the BSE.

The stock opened at Rs. 480.10 and recorded a high of Rs. 481.35 and a low of Rs. 462.75. So far, 1,105 shares have been traded on the counter.

The BSE Group 'A' stock, with a face value of Rs. 2, hit a 52-week high of Rs. 658.15 on December 16, 2024, and a 52-week low of Rs. 355.00 on May 16, 2024. Over the last week, the stock has ranged between Rs. 485.30 and Rs. 444.00. The company's market cap currently stands at Rs. 6,593.74 crore.

Shareholding pattern:

  • Promoters: 61.52%
  • Institutions: 10.89%
  • Non-Institutions: 27.59%

In a significant development, PDS has incorporated a wholly owned subsidiary, ‘NexStyle Apparel Manufacturing’, on February 12, 2025. This new entity will focus on garment and apparel manufacturing, along with allied activities. The move aims to expand PDS Group’s manufacturing footprint both in India and internationally through strategic acquisitions, enhanced sourcing capabilities, and improved operational efficiency.

PDS is a design-driven organisation, offering customised product development and design services tailored to retailer needs.