In a major breakthrough, Emmbi Industries have launched "Jalasanchay Brand", the pond liners for storing water at its newly acquired & furbished manufacturing facility at Silvassa on this auspicious day of Gudhi Padva.
Emmbi will produce under "Jalsanchay Brand" 4380 Ponds per year creating an extra water storage capacity of 48 million liters per day for the country.
All the manufacturing equipments used are of advanced cutting edge technology giving a special pedestal to Emmbi over the global competition.
The States of Maharashtra and Rajasthan where the Company is presently active in the business, has a plan to produce 1,10,000 & 50,000 Ponds per year respectively for the next five years.
This is the new market segment with a potential size of Rs. 2000 crores.
Emmbi is pleased to inform that with the inauguration of this Dedicated State of the Art Manufacturing Facility to produce Jalasanchay Brand with World's Widest Width Pond Lining Fabric, it aspires to get (10%) of the market share of pond lining business in the coming years.
Shares of Emmbi Industries Ltd was last trading in BSE at Rs.149.75 as compared to the previous close of Rs. 140.2. The total number of shares traded during the day was 138280 in over 1896 trades.
The stock hit an intraday high of Rs. 157.75 and intraday low of 140.5. The net turnover during the day was Rs. 20957790.