Stock Report

Rushil Decor Limited's new Andhra unit commercial operation pushed to April 1, 2021



Posted On : 2020-10-31 21:12:23( TIMEZONE : IST )

Rushil Decor Limited's new Andhra unit commercial operation pushed to April 1, 2021

Rushil Decor Limited had earlier announced about the establishment of "Thin & Thick MDF Board Manufacturing Facility" at Atchutapuram, Dist. Vishakhapatnam, State - Andhra Pradesh having capacity of 800 CBM per day (hereinafter referred to as "New Project").

Due to outbreak of Novel Coronavirus (COVI D-19) worldwide, engineers of Machinery Supplier are not available for final installation work at New Project site. Once they will arrive at New Project site, within next two months' time New Project may be operative. Accordingly, it is decided to change the date of commencement of commercial operation (DCCO) as 1.04.2021. If the engineers may arrive at New Project site earlier, the Regular Commercial Operation of New Project can be commenced earlier than expected time.

Shares of RUSHIL DECOR LTD. was last trading in BSE at Rs.89.2 as compared to the previous close of Rs. 88.8. The total number of shares traded during the day was 2872 in over 179 trades.

The stock hit an intraday high of Rs. 92 and intraday low of 86. The net turnover during the day was Rs. 256452.

Source : Equity Bulls

Keywords