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R&B Denims informs about company updates

17 Dec 2016 Evaluate

R&B Denims has informed that the due to very grim demand in the present market condition, Sale of Company’s production has considerably gone down, resulting into heavy stock of finished goods. In the best financial interest, the management of the Company has taken the decision to stop production and go in for temporary shutdown of its plant intermittently till such time the market condition improves.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Vardhman Textiles 561.95
Welspun Living 223.70
Arvind 548.00
Raymond Lifestyle 677.40
K.P.R. Mill 1136.75
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