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Textile companies in demand as FM announces full exemption of customs duty on shuttle looms

16 Mar 2012 Evaluate

Finance Minister, Pranab Mukherjee has announced shuttle looms fully exempted from customs duty.

Raymond is currently trading at Rs. 404.00, up by 8.85 points or 2.24% from its previous closing of Rs. 395.15 on the BSE. The scrip opened at Rs. 396.00 and has touched a high and low of Rs. 403.40 and Rs. 392.00 respectively. So far 70532 shares were traded on the counter.

Alok Industries is currently trading at Rs. 20.35, up by 0.10 points or 0.49% from its previous closing of Rs. 20.25 on the BSE. The scrip opened at Rs. 20.20 and has touched a high and low of Rs. 20.45 and Rs. 20.00 respectively. So far 649347 shares were traded on the counter.

Arvind is currently trading at Rs. 86.60, up by 1.00 points or 1.17% from its previous closing of Rs. 85.60 on the BSE. The scrip opened at Rs. 85.95 and has touched a high and low of Rs. 86.30 and Rs. 83.80 respectively. So far 396143 shares were traded on the counter.