07 Mar 2025

PDS Stock Rises Slightly; Subsidiary Expands in UAE

PDS is currently trading at RS. 447.45, up by 1.10 points or 0.25% from its previous closing of RS. 446.35 on the BSE.

The stock opened at RS. 444.95 and recorded a high of RS. 450.00 and a low of RS. 444.95. A total of 982 shares have been traded so far.

The BSE 'A' group stock, with a face value of RS. 2, reached its 52-week high of RS. 658.15 on December 16, 2024, and a 52-week low of RS. 355.00 on May 16, 2024. In the past week, the stock fluctuated between RS. 453.00 and RS. 415.85. The company's current market capitalization stands at RS. 6327.48 crore.

Promoters hold 61.52% of the company, while institutional and non-institutional investors own 10.89% and 27.59%, respectively.

Meanwhile, PDS’ wholly-owned step-down subsidiary, PDS Multinational FZCO, has established a new entity in the UAE named ‘Tritron Fashion FZCO,’ effective March 3, 2025. The new subsidiary aims to expand the company's business by focusing on apparel and consumer goods' supply, distribution, and marketing.

Tritron Fashion FZCO is a subsidiary of PDS Multinational FZCO and a step-down subsidiary of PDS.

PDS is a design-driven organization, offering tailored product development and design services to retailers through its expert design teams.