Bengaluru, April 8 -- During Tuesday's trading session, the shares of one of the key players in the Embroidery & Laces (EL) business in India moved up by around 3.5 percent, after the company announced consolidating and modernising its Embroidery business.

Price Movement:

With a market capitalisation of Rs. 119 crores, at 10:40 a.m., the shares of Pioneer Embroideries Limited were trading in the green at Rs. 38.6, up by nearly 2.8 percent, as compared to its previous closing price of Rs. 37.52.

The stock has delivered negative returns of nearly 9 percent in the last one year, as well as declined by around 8 percent in a month.

What's the News:

According to the latest exchange filings, Pioneer Embroideries Limited (PEL) has announced ...