05 Aug 2025

Radix Industries Hits Upper Circuit at RS. 184.90; Gets Board Nod for US Subsidiary

Radix Industries (India) is currently trading at its upper circuit limit of RS. 184.90, up by 8.80 points or 5.00% from its previous close of RS. 176.10 on the BSE.

The stock opened at RS. 184.90 and remained steady, touching an intraday high and low of RS. 184.90. So far, only 1 share has been traded on the counter.

This BSE group 'XT' stock, with a face value of RS. 10, recorded a 52-week high of RS. 212.00 on February 10, 2025, and a 52-week low of RS. 125.55 on September 6, 2024. Over the past week, the stock has traded between RS. 193.00 and RS. 175.00. The company's current market capitalization stands at RS. 264.28 crore.

The shareholding pattern shows promoter ownership at 74.96%, while non-institutional investors hold 25.04%.

In a significant development, Radix Industries has received board approval to incorporate a wholly owned subsidiary in the United States of America. The new entity will focus on the marketing, distribution, and sale of human hair-related products. This decision was approved during the company’s board meeting held on August 4, 2025.

Radix Industries (India) specializes in producing high-quality Remy human hair, offering various styles and colors to cater to global markets.