Classic Filaments Ltd (CFL) is currently trading at 86.46 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Classic Filaments Ltd primarily manufactures texturised polyester yarn, operating with a formidable installed capacity of 350 tpa in Gujarat, India. Founded originally as V.Natwarlal Synthetics Private Limited, the company transitioned into Classic Filaments Private Limited and later a Public Limited Company in 1995. In the mid-1990s, the company issued public shares to finance its capacity expansion, revealing an ambition towards scaling its manufacturing capabilities. The company’s operational capacity and expansion initiatives indicate a strong presence in the textile manufacturing sector, primarily focusing on polyester yarn.

Over the past 52 weeks, Classic Filaments Ltd has traded between a low of ₹20.50 and a high of ₹82.35. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Classic Filaments Ltd has a market capitalization of approximately 50.34. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Classic Filaments Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -629.25 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 50.34 Cr, Classic Filaments Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Classic Filaments Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Classic Filaments Ltd is -629.25. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

The new promoters are Mr. Sumit Bansal, Mr. Vikkas Bansal, Mr. Tarun Jain, and Mr. Varun Jindal, who collectively acquired a 68.51% stake in the company.

The new promoters are Mr. Sumit Bansal, Mr. Vikkas Bansal, Mr. Tarun Jain, and Mr. Varun Jindal, who collectively acquired a controlling stake in the company.

The open offer was a mandatory requirement under SEBI regulations after a group of four acquirers purchased a controlling stake of 68.51% from the company's previous promoters.

The new promoters are Mr. Sumit Bansal, Mr. Vikkas Bansal, Mr. Tarun Jain, and Mr. Varun Jindal, who collectively acquired a 68.51% stake in the company.