Bengaluru, July 10 -- The share of this company, which is engaged in the business of manufacturing and trading of carded, combed, and compact combed cotton yarns and cotton bales, gained investors' attention after the acquisition announcement.

With a market capitalization of Rs 543 crore, Aastha Spintex Ltd's share on Friday made a day high of Rs 122.90 per share, up by 5 percent upper circuit from its previous day's close price of Rs 117.05 per share. The share of the company has given a negative return of 10 percent since its listing 4 days ago.

Acquisition details

Aastha Spintex Limited has announced the acquisition of Falcon Yarns Private Limited as part of its capacity expansion and long-term growth strategy. While the company dis...