Rushil Decor surges as its Kalol plant restarts manufacturing

01 Mar 2012

Rushil Decor is currently trading at Rs. 191.95, up by 2.20 points or 1.16% from its previous closing of Rs. 189.75 on the BSE.

The scrip opened at Rs. 191.00 and has touched a high and low of Rs. 192.00 and Rs. 187.55 respectively. So far 26171 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 207.00 on 29-Sep-2011 and a 52 week low of Rs. 75.00 on 07-Jul-2011.

Last one week high and low of the scrip stood at Rs. 194.00 and Rs. 166.60 respectively. The current market cap of the company is Rs. 273.82 crore.

The promoters holding in the company stood at 55.55% while Institutions and Non-Institutions held 6.35% and 38.10% respectively.

Rushil Decor’s plant located at RHPL Unit at Kalol in Gujarat has started manufacturing again as power supply at the plant has been reconnected by Uttar Gujarat Vij Company (UGVCL) on February 29, 2012 as per direction of Gujarat Pollution Control Board (GPCB).

Earlier on February 13, power supply at the company’s plant had been disconnected after Gujarat Pollution Control Board (GPCB) directed to Uttar Gujarat Vij Company to disconnect the supply of the electricity. GPCB took this step as there was an over production of laminated sheet without prior permission by one of the units of Rushil Decor.

Rushil Decor is engaged in the manufacturing of laminate sheets and plain particle boards. RDL manufactures laminates of both decorative (single-sided) as well as industrial (double-sided) laminates with a wide range of design colour and finish. RDL caters to the domestic as well as export markets and sells its products under the brand name of ‘Vir Laminates’ and ‘Vir Boards.

Related Rushil Decor Ltd. Links:

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