Raj Rayon Industries shuts down commercial production due to less demand

Raj Rayon Industries Ltd. | Textile - Manmade Fibres | Textiles & Apparels | BSE: 530699 | NSE: RAJRILTD

22 Dec 2016 Evaluate

Raj Rayon Industries has temporarily shut down its commercial production plant due to decreased sales, after demonetization and presently there is very less demand for products. The plant will be restarted again once the situation improves.

Raj Rayon Industries is one of the leading manufacturers of polyester yarn in India. The product range of the company includes Bright Yarns (Trilobal), Cationic Yarn,Cotluk (Full Dull),Colored Yarns (Dope Dyed),Yarns of various cross sections like Tri-lobal, Octa-lobal etc. and Fire retardant and Anti-Microbial Yarns.

Peers

Company Name	CMP
Indo Rama Synthetic	99.45
Ganesha Ecosphere	1031.65
Banswara Syntex	108.60
Sarla Perform. Fiber	100.30
Sunrakshakk Inds.	365.85
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.