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Indian Acrylics zooms on improving sales by 19% in December

04 Jan 2021 Evaluate

Indian Acrylics is currently trading at Rs. 12.68, up by 0.57 points or 4.71% from its previous closing of Rs. 12.11 on the BSE.

The scrip opened at Rs. 12.50 and has touched a high and low of Rs. 13.00 and Rs. 12.12 respectively. So far 268838 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 13.00 on 04-Jan-2021 and a 52 week low of Rs. 6.04 on 26-Mar-2020.

Last one week high and low of the scrip stood at Rs. 13.00 and Rs. 10.00 respectively. The current market cap of the company is Rs. 174.43 crore.

The promoters holding in the company stood at 62.56%, while Institutions and Non-Institutions held 0.07% and 37.37% respectively.

Indian Acrylics has started improving and reaching near to the pre-covid levels in last two months. Sale of Fibre and yarn during December 2020 has increased by 19% approximately to Rs 64.02 crore as compared to Rs 53.90 crore in the corresponding period in the last month of December 2019 since the yarn being produced in our Spinning Mill has started getting good response in the markets.

Sale of Fibre and Yarn during this quarter has increased by 25% to Rs 188.17 crore as compared to Rs 149.62 crore in the corresponding period in the last quarter October-December 2019.

Indian Acrylics is a mega petrochemical project & the largest producer of acrylic fiber. The product range of the company includes Staple fabric, Normal Bright Staple fibre, Semi Dull luster Staple Fibre, Normal Bright Staple Fibre (Non Shrinkable), Normal Bright Staple (Shrinkable), Acrylic tow, Acrylic top, etc.

Indian Acrylics Share Price

6.73 0.11 (1.66%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Trident 26.12
Filatex India 44.94
Nitin Spinners 419.70
Nahar Spinning Mills 249.20
Sanathan Textiles 427.00
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