Addi Industries Share Price: What’s Fueling 20% Surge In This Under Rs 70 Smallcap Textile Stock?
Shares of Addi Industries Limited hit the upper circuit of 20% today, trading at Rs 67.20. The stock has seen strong momentum in recent days, and today’s surge is mainly driven by news of an open offer from new potential promoters who are set to take over the company.
Addi Industries Limited is a textile company founded in 1980 and based in Delhi. It operates in the knitwear fabric and readymade garments sector. The company was established to address the growing demand for quality products and services in the Indian textile industry.
On May 20, 2025, a group of investors, including Rajat Goyal, Neha Agarwal, and Sandeep Mittal, entered into an agreement to buy a 74.27% stake in Addi Industries from its current promoters. They also…
