Globale Tessile Ltd (GLOBALE) is currently trading at 10.75 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.

Globale Tessile Limited is primarily engaged in trading textile products, leveraging its history as part of a demerger scheme with Mahalaxmi Rubtech Limited. The company underwent a significant structural change in 2024, acquiring the Traditional Textile Processing Division from Mahalaxmi Rubtech Limited. Globale Tessile issued over 1 million new equity shares to Mahalaxmi Rubtech shareholders as part of the demerger settlement, reflecting strategic reorganization. The company's operations are based in Gujarat, with a focus on enhancing its capabilities in textile trading through recent strategic shifts. There is a potential for Globale Tessile Limited to strengthen its market position by integrating new divisions and exploiting synergies from the demerger.

Over the past 52 weeks, Globale Tessile Ltd has traded between a low of ₹9.01 and a high of ₹15.40. 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.

Globale Tessile Ltd has a market capitalization of approximately 11.68. 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.

Globale Tessile Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -10.07 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 11.68 Cr, Globale Tessile 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.

Globale Tessile 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 Globale Tessile Ltd is -10.07. 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.