Indo Rama trades jubilantly on commissioning 11 MW Steam Turbine Generator Unit

16 Oct 2012

Indo Rama Synthetics is currently trading at Rs. 22.60, up by 1.15 points or 5.36% from its previous closing of Rs. 21.45 on the BSE.

The scrip opened at Rs. 21.50 and has touched a high and low of Rs. 22.80 and Rs. 21.50 respectively. So far 12085 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 36.05 on 31-Jan-2012 and a 52 week low of Rs. 19.00 on 05-Sep-2012.

Last one week high and low of the scrip stood at Rs. 22.90 and Rs. 20.85 respectively. The current market cap of the company is Rs. 343.12 crore.

The promoters holding in the company stood at 64.10% while Institutions and Non-Institutions held 16.05% and 13.07% respectively.

Indo Rama Synthetics (India) besides commissioning 11 MW Steam Turbine Generator Unit has also started its commercial operation. The unit has been commissioned from internal accruals.

Indo Rama Synthetics is India’s largest dedicated polyester manufacturer with an integrated manufacturing complex at Butibori near Nagpur, Maharashtra, with capacity of 6,10,050 tonnes per annum of polyester staple fibre, filment yarn, drae texturized yarn, fully drawn yarn and textile grade chips.

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