Stock Report

Toyam Industries Ltd launches a range of merchandise under the flagship of 'KUMITE 1'

Posted On : 2021-08-09 14:59:39( TIMEZONE : IST )

Toyam Industries Ltd launches a range of merchandise under the flagship of 'KUMITE 1'

Toyam Industries Ltd. (TIL) is pleased to announce, a wide range of merchandise for B2C sale through online and offline stores in India, named 'Kumite 1'. Having recently informed about its upcoming talent hunt show on MX Player, an known OTT platform. TIL is launching its own brand of quality merchandise to help MMA fighters.

TIL launches fighting gloves specifically designed for MMA, it also includes MMA gear such as gloves, pads, helmet, shorts, dry-fit t-shirt, trackpants, shakers, etc.

It is difficult to get quality products in India as compared to the gear available internationally. TIL will ensure that its merchandise are as per global standard through its strict quality control which will help MMA fighters and fitness enthusiasts across the world.

There is a huge demand for merchandise designed to these fighters, to train and fight especially for Mixed Martial Arts. TIL will sell through its new upcoming store through leading marketplaces such as Amazon, Flipkart, Myntra, etc. as well as offline distribution set up. The soft launch will be done in the next few weeks followed by a mega launch for its upcoming realty show 'Kumite 1 Warrior Hunt' by this calendar year end.

Commenting on the development, MohamedaliBudhwani (CMD, TIL) said "We had received a lot of demand from trainee and professional fighters about MMA gear not being easily available with quality control for practicing MMA sports. Our gear is designed to cater not only to professionals but it also meet the demands of equipment for normal gyms, track and field activities. We intend to launch the complete range of products to give a fulfilling experience for our patrons to practice this new sport. As we are known amongst the combat sports lovers for our quality fights, we're sure that soon we will also be known and respected for our quality sports wears and durable MMA gears".

Shares of Toyam Industries Limited was last trading in BSE at Rs. 4.03 as compared to the previous close of Rs. 4.24. The total number of shares traded during the day was 834149 in over 300 trades.

The stock hit an intraday high of Rs. 4.3 and intraday low of 4.03. The net turnover during the day was Rs. 3368579.

Source : Equity Bulls