Introduction:
Textile stock has signed a Tripartite Technology License Agreement to mass manufacture and market the NavRakshak Ultra PPE Kit. This collaboration enhances its presence in the health and hygiene sector, leveraging advanced technology to expand its product portfolio and meet rising demand for protective gear.
Share Price movement of Mafatlal Industries:
On February 20, 2025, Mafatlal Industries Ltd opened at ₹143.95, reaching a high of ₹145.90, up 1.90% from its previous close of ₹142.30, and a low of ₹141.55. Currently, it is trading at ₹145.00, with a market cap of ₹1,042.70 crore.
Mafatlal Industries share price rise:
Mafatlal Industries Limited has entered into a Tripartite Technology License Agreement with the Technology Development Acceleration Cell (TDAC) and the National Research Development Corporation (NRDC) to mass manufacture and market the NavRakshak Ultra PPE Kit in India. This agreement grants technical know-how from the Indian Navy, supporting advanced product development.
Under this agreement, Mafatlal Industries will produce the PPE kits at its facilities and distribute them across domestic and international markets. The partnership, valid until February 17, 2028, aims to enhance the company’s presence in the health and hygiene sector through high-quality protective equipment.
The collaboration strengthens Mafatlal’s market reach and expands its product portfolio with advanced hygienic solutions. Leveraging cutting-edge technology, the company is positioned to meet growing demand for protective gear, aligning with its strategy to enhance consumer reach and business growth.
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Recent news About Mafatlal Industries :
On February 4, 2025, Mafatlal Industries Limited announced the appointment of Dr. Archana N. Hingorani and Mr. Desh Deepak Khetrapal as Additional Independent Directors, pending shareholder approval via a Special Resolution through Postal Ballot.
Ace investor holding of Mafatlal Industries:
Ace investor Bharati Bharat Dattani holds a 1.05% stake in Mafatlal Industries Ltd., with 757,937 shares valued at ₹11 crore. This strategic investment highlights confidence in the textile company’s growth potential, positioning it as a key player in the evolving fabric and apparel industry.
Stock performance of Mafatlal Industries for Period of 1 week, 6 months and 1 year:
Over the past week, Mafatlal Industries’ stock saw a marginal rise of 0.18%,. However, its six-month performance declined significantly by 22.7%, indicating sustained selling pressure. Over the past year, the stock recorded a moderate dip of 2.93%, showcasing long-term stability despite volatility.
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Shareholding pattern of Mafatlal Industries:
| Summary | Dec-24 | Sep-24 | Jun-24 |
| Promoter | 69.60% | 69.60% | 69.60% |
| FII | 0.60% | 0.60% | 0.70% |
| DII | 0.80% | 0.80% | 0.90% |
| Public | 29.10% | 29.00% | 28.80% |
About Mafatlal Industries:
Mafatlal Industries is a leading Indian textile company with a legacy spanning over a century. It specializes in manufacturing high-quality fabrics, including cotton, polyester blends, and technical textiles. The company focuses on innovation, sustainability, and expanding its presence in domestic and international markets.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
