Stovec Industries to obtain technology for manufacturing Rotory Printing Machines

Stovec Industries Ltd has announced that the Company has decided to obtain on license basis technology from its holding Company Stork Prints B.V. The Netherlands, for manufacturing of Rotory Printing Machines in India. The Company has started working to implement the project at its factory in Ahmedabad. Appropriate investments are being planned to ensure efficient implementation of the technology.

The stock was trading at Rs.94.20, down by Rs.4.40 or 4.46%. The stock hit an intraday high of Rs.97 and low of Rs.94.20. The total traded quantity was 184 compared to 2 week average of 799.

Source : Equity Bulls

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