Mirza International
37.87
-0.61(-1.59%)
Market Cap₹523.37 Cr
PE Ratio54.04
Company Performance:
1D-1.59%
1M-3.54%
6M+22.56%
1Y+2.82%
5Y+437.16%
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More news about Mirza International
17Sept 25
Mirza International Surges Over 30% in Two Days, Approaches 52-Week High
Mirza International's stock rallied over 30% in two trading sessions, reaching ₹42.61. The surge was accompanied by high trading volumes, with over 30 lakh shares traded on Wednesday. The rally follows news about Mirza's demerged entity, Redtape, cooperating with Income Tax department searches. The footwear sector may be benefiting from recent GST reductions on footwear priced up to ₹2,500.
16Sept 25
Mirza International Undergoes Income Tax Department Search and Seizure Operation
Mirza International disclosed that the Income Tax Department conducted a search and seizure operation at its premises, including the Registered Office, from September 11 to 16, 2025. The company provided full cooperation during the six-day operation and stated that normal business activities continued unaffected. Mirza International has expressed willingness to provide any further clarifications required by the authorities.
02Aug 25
Mirza International's Q1 Profit Soars on Exceptional Items, Revenue Shows Modest Growth
Mirza International Limited reported a significant increase in profit for Q1, with standalone profit rising to Rs. 17.67 crore from Rs. 1.10 crore year-over-year, a 1,511% increase. This surge was primarily attributed to exceptional items worth Rs. 18.61 crore. Revenue from operations grew modestly by 3.14% to Rs. 141.42 crore. The company's footwear segment generated Rs. 120.48 crore in revenue with Rs. 6.87 crore profit, while the tannery segment contributed Rs. 45.97 crore in revenue with Rs. 0.39 crore profit. Consolidated results mirrored standalone performance. The Board approved a scheme to amalgamate RTS Fashion Limited, a Dubai-based subsidiary, with Mirza International.
07Jul 25
Mirza International Expands U.S. Footprint with Full Acquisition of Genesis Brands Inc
Mirza International, an Indian footwear and leather company, has acquired 100% ownership of Genesis Brands Inc, a U.S.-based company. This strategic move aims to strengthen Mirza's presence in the American market, potentially expanding its product portfolio and leveraging local expertise. The acquisition is expected to enhance Mirza International's competitive position in the global footwear and leather goods industry.
21Feb 25
NCLT Approves Merger of T N S Hotels with Mirza International, Strengthening Business Structure
The National Company Law Tribunal (NCLT) has approved the amalgamation of T N S Hotels with Mirza International Limited (MIL). The merger, effective from February 20, 2025, with an appointed date of April 1, 2023, is expected to diversify MIL's business interests and create operational synergies. This strategic move could potentially enhance Mirza International's market position and operational capabilities.
20Feb 25
Mirza International's Expansion: NCLT Approves Merger with T N S Hotels
Mirza International Limited has received approval from the National Company Law Tribunal for its merger with T N S Hotels And Resorts Private Limited. The merger, effective from February 20, 2025, with an appointed date of April 1, 2023, marks a strategic move for the footwear and leather company into the hospitality sector. Recent promoter shareholding changes were also noted, with Shahid Ahmad Mirza transferring 12.31% of shares to Faraz Mirza, bringing the total promoter group shareholding to 71.27%.
Mirza International
37.87
-0.61
(-1.59%)
1 Year Returns:+2.82%
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