Sportking India is currently trading at RS. 114.80, up by 4.00 points or 3.61% from its previous closing of RS. 110.80 on the BSE.
The stock opened at RS. 112.95 and has touched a high of RS. 115.00 and a low of RS. 111.65 during the day. A total of 24,964 shares have been traded so far.
A BSE group 'B' stock with a face value of RS. 1, Sportking India touched its 52-week high of RS. 159.75 on September 13, 2024, and a 52-week low of RS. 69.97 on March 4, 2025. The stock's one-week high and low stood at RS. 129.80 and RS. 110.55, respectively. The company currently holds a market capitalization of RS. 1447.99 crore.
Promoters hold 74.36% stake in the company, while institutions and non-institutions own 0.07% and 25.57% respectively.
In a significant development, Sportking India has received approval for a Greenfield Expansion Project aimed at increasing its spinning capacity. The project, planned in the state of Odisha, involves the installation of 1,50,000 spindles in its first phase, with an estimated capital investment of RS. 1,000 crore.
The expansion will be funded through a mix of term loans and internal accruals. This strategic move is expected to boost the company’s manufacturing strength and solidify its position in the textile industry. The Board of Directors approved the project in its meeting held on August 2, 2025. The company will provide further disclosures as per regulatory requirements.
Sportking India operates in the fields of yarn manufacturing, textile processing, knitted fabric, garment production, and retail.