Moneycontrol
Last Updated : Jan 02, 2018 04:07 PM IST | Source: CNBC-TV18

Promoter holding will not reduce from current levels, says Fiberweb India

Fiberweb India stock has doubled in the past year. In an interview to CNBC-TV18, Pravin Sheth, CMD of the company spoke about the latest happenings in the company and discussed the business outlook.

CNBC TV18 @moneycontrolcom

Fiberweb India stock has doubled in the past year. In an interview to CNBC-TV18, Pravin Sheth, CMD of the company spoke about the latest happenings in the company and discussed the business outlook.

Sheth said that for FY19, we expect revenue number of about Rs 400 crore.

Talking about promoter holding, he said, the current promoter holding is at 41 percent.

He further said that the promoter holding will not reduce from current levels.

Watch accompanying video for more details.
First Published on Jan 2, 2018 04:07 pm

tags #Business

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