Era Constructions enters into Ready-Mix-Concrete business

Era Constructions India Ltd has announced that the Company has decided to enter into a new business of Ready-Mix-Concrete (RMC) business. The Company will set up five RMC manufacturing unites in the National Capital Region by the August. The RMC division will attract investment up to Rs 120 Crore over the next three year.

The stock closed the day at Rs.354.65, down by Rs.9 or 2.47%. The stock hit an intraday high of Rs.363 and low of Rs.353. The total traded quantity was 70369 compared to 2 week average of 84095.

Source : Equity Bulls

Keywords