📉 Tuni Textile Share Price Plummets by 9.84% on Thursday
On Thursday, 14 March 2024, Tuni Textile Mills’ share price saw a significant drop of 9.84%, trading at ₹2.29 per share. The downward trend continued on Friday, 15 March 2024, with the share price falling by 9.61% to ₹2.07 per share.
📈 Recent Performance and Shareholder Data
Despite the recent decline, Tuni Textile Mills’ share price had seen a 30% increase in the past six months, providing investors with a 36% return last month alone. However, over the past year, the company has only delivered a 15% return to its shareholders.
According to the latest shareholder data, the promoters hold a 21.73% stake in the company, while public investors own the remaining 78.27% stake. The company’s promoter group consists of a total of 10 individuals, including Narendra Kumar Sureka, Pradeep Kumar Sureka, Urmila Sureka, and Prabhudayal Sureka.
🏭 About Tuni Textile Mills
Tuni Textile Mills primarily operates in the business of manufacturing synthetic shirting. The company was founded in Mumbai in 1987 and has since established itself as a key player in the textile industry.
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