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PDS Limited ( (IN:PDSL) ) has provided an update.
PDS Limited has announced an investment of INR 44.25 crore in its wholly-owned subsidiary, NexStyle Apparel Manufacturing Limited, resulting in the allocation of 4.42 crore equity shares at par. This strategic investment is expected to bolster PDS Limited’s operational capabilities and strengthen its position in the apparel manufacturing industry, potentially benefiting stakeholders through enhanced market competitiveness.
More about PDS Limited
PDS Limited operates in the apparel manufacturing industry, focusing on producing and investing in clothing and textile products. The company is involved in managing subsidiaries that enhance its market presence in the apparel sector.
YTD Price Performance: -26.16%
Average Trading Volume: 6,247
Current Market Cap: 61.4B INR
Learn more about PDSL stock on TipRanks’ Stock Analysis page.