The Board of Directors of Mahalaxmi Rubtech Ltd at its meeting held on March 03, 2018 at 11.00 a.m. and concluded at 1.10 p.m. has considered and approved to setup a new project of Coated Fabric, as a part of its expansion and diversification process under its existing Technical Textile Segment situated at Sanand, Ahmedabad.
The Board has discussed and appraised other business activities of the Company.
Shares of MAHALAXMI RUBTECH LTD. was last trading in BSE at Rs.51.25 as compared to the previous close of Rs. 53. The total number of shares traded during the day was 39370 in over 148 trades.
The stock hit an intraday high of Rs. 52.75 and intraday low of 48. The net turnover during the day was Rs. 1978695.