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Advance Syntex evaluating suitable business acquisition

17 Oct 2017 Evaluate

Advance Syntex (ASYL) is evaluating a suitable business acquisition in the similar business, the negotiation for which is under initial stage.

Advance Syntex is an India-based manufacturer of other made up textile goods except apparel. The company is into manufacturing business of metallic yarn and precision cut glitter powder for various applications, such as textile printing, molding, and flocking over and above conventional decorative application.


Peers
Company Name CMP
Vardhman Textiles 529.75
Welspun Living 239.05
Arvind 534.80
Raymond Lifestyle 628.20
K.P.R. Mill 1071.60
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