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22-Nov2017

KDDL surges with arm opening one new store at Pune

KDDL is currently trading at Rs. 282.00, up by 29.65 points or 11.75% from its previous closing of Rs. 252.35 on the BSE.

The scrip opened at Rs. 264.00 and has touched a high and low of Rs. 283.10 and Rs. 264.00 respectively. So far 8,151 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 283.10 on 22-Nov-2017 and a 52 week low of Rs. 171.90 on 28-Mar-2017.

Last one week high and low of the scrip stood at Rs. 283.10 and Rs. 244.00 respectively. The current market cap of the company is Rs. 305.68 crore.

The promoters holding in the company stood at 44.85%, while Institutions and Non-Institutions held 15.25% and 39.91% respectively.

KDDL's subsidiary - Ethos has launched a new store at The Pavilion Mall, Shivaji Nagar, Pune with effect from November 19, 2017. The area of the aforesaid store is 192 square feet and is a TISSOT boutique. The total number of stores as on date is 40 only.

KDDL is a diverse company focusing on luxury Retail Watches and precision Engineering. It has established India's largest retail chain for premium and luxury watches- Ethos and SUMMIT.


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