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Indo Rama Synthetics gains on inking MOU with Indorama Ventures, Thailand

27 Jan 2012 Evaluate

Indo Rama Synthetics (India) is currently trading at Rs. 33.60, up by 0.55 points or 1.66% from its previous closing of Rs. 33.05 on the BSE.

The scrip opened at Rs. 34.00 and has touched a high and low of Rs. 34.20 and Rs. 33.15 respectively. So far 3,820 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 80.85 on 26-Apr-2011 and a 52 week low of Rs. 20.40 on 22-Dec-2011.

Last one week high and low of the scrip stood at Rs. 34.20 and Rs. 27.40 respectively. The current market cap of the company is Rs. 510.00 crore.

The promoters holding in the company stood at 64.03% while Institutions and Non-Institutions held 16.63% and 12.56% respectively.

Indo Rama Synthetics (India) has signed a memorandum of understanding (MOU) with Indorama Ventures PCL., Thailand on January 25, 2012, for setting up a Petrochemical Project in India for manufacturing of Purified Terephthalic Acid (PTA), Polyethylene Terephthalate (PET) and Polyester Staple Fiber (PSF).

Indo Rama Synthetics is India’s largest dedicated polyester manufacturer with an integrated manufacturing complex at Butibori near Nagpur, Maharashtra, with capacity of 6,10,050 tonnes per annum of polyester staple fibre , filment yarn, drae texturized yarn , fully drawn yarn and textile grade chips.

Indo Rama Synth Share Price

38.50 -0.91 (-2.31%)
20-Apr-2026 14:39 View Price Chart
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