Mudra Lifestyle gets orders worth 350 million, Stock jumps 5%

Mudra Lifestyle Limited, garment manufacturer has won an export order worth Rs 15 crore from Cortefil, F.A. Macullar and Ivory International. The company has also bagged domestic orders to the tune of Rs 20 crore from institutional buyers.

The company release informed that the order is scheduled to be executed within four months from the date of receipt.

Mudra caters to well known names in the fashion market and has an ability to offer collections set to seasonal fashion trends, colors, patterns and international designs.

The stock closed today at Rs. 99.40 on NSE, up by 5.19% from its previous close of Rs. 94.50. It touched a lifetime intraday high of Rs. 102 and low of Rs. 94.25.