Peeti Securities Ltd
Peeti Securities | 531352
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About Company
- Peeti Securities Limited was incorporated on November 17, 1994 as a Private Limited company and subsequently converted into a Public Limited Company dated January 27, 1995
- During the early 19th century, the modern textile industry took birth in India when the first textile mill was established at Fort Gloster near Calcutta in 1818
- During that particular period, the Promoter of the Company was Sandeep Peeti / Rajesh Peeti after inheriting the family business of over four decades old have been able to transform it in to its present size and stature
- Initially, the family firms were in the business of finance/ trading in securities and trading of textiles and they gradually developed in to manufacturing outfit by obtaining the grey & processing of the fabric
- The major activity of the Company consisted of trading of textiles, purchase of Grey Cloth with the Weaving Contractors at Bhiwandi in Maharashtra and then getting the Grey Cloth processed in to finished fabrics from Textile Processors at Surat, Bhiwandi, Tarapur and in Hyderabad
- The Finished Fabric thus manufactured was marketed under the brand 'PRIDE TEXTILES' throughout India
- The Company presently engaged in Trading of Textile mainly used as Furnishing Fabrics
- It had maintained sales hub at Secunderabad in Andhra Pradesh up to September 2008, after which it shifted to Kattedan, in Hyderabad by using the infrastructure available for All India Wholesale Trade Operations, facilitating dispatching of goods to dealers across the country
- The new project site was chosen for variety of reasons like proximity to twin cities and its location along the national highway, whereby all infrastructural facilities are within easy reach
- This new premises gave Company an edge to expand its sales
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Peeti Securities Ltd?
The current share price of Peeti Securities Ltd (Peeti Securities) is ₹17.94. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Peeti Securities Ltd?
Peeti Securities Ltd has a 52-week high of ₹25.02 and a 52-week low of ₹17.00. This range shows the stock's price volatility over the past year.
What is the ROE of Peeti Securities Ltd?
Peeti Securities Ltd has a Return on Equity (ROE) of -2.39%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
