Talwalkars Better Value Fitness trades higher on the bourses

Talwalkars Better Value Fitness is currently trading at Rs. 175.15, up by 5.45 points or 3.21% from its previous closing of Rs. 169.70 on the BSE. The scrip opened at Rs. 171.35 and has touched a high and low of Rs. 177.80 and Rs. 171.35 respectively. So far 15707 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 182.00 on 27-Mar-2014 and a 52 week low of Rs. 110.00 on 30-Aug-2013. Last one week high and low of the scrip stood at Rs. 178.00 and Rs. 168.10 respectively. The current market cap of the company is Rs. 455.55 crore. The promoters holding in the company stood at 54.78%, while Institutions and Non-Institutions held 18.09% and 27.13% respectively. Talwalkars Better Value Fitness, India’s largest fitness chain has reached the significant number of 150th gym with the opening of its Vile Parle branch in Mumbai on the auspicious occasion of Akshaya Tritiya on May 02, 2014. In fiscal 2013-14, 14 new health clubs have come up across the country. The brand ‘Talwalkars’ has been in an aggressive expansion mode since its IPO in May 2010. Over the past years, cities as diverse and spread out as Aligarh, Aurangabad, Bareilly, Bhavnagar, Bhopal, Dehradun, Jamshedpur, Hubli, Kolhapur, Kolkata, Nashik, Moradabad, Panchkula, Sangli, Surat, Solapur, Rajkot, Ranchi etc have been covered. Talwalkars Better Value Fitness is one of the largest fitness chains in India offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand ‘Talwalkars’.