PESL announces the commencement of operations of its brand new quartz surface plant in Telangana

Pokarna Engineered Stone Limited (PESL) has announced the commencement of commercial operations of its second state-of-the-art quartz surface manufacturing facility in the country. The new plant is located at Mekaguda Village in Telangana, India.

Equipped with the highest levels of process automation to support a wide range of Industry 4.0 standards, the factory supports PESL's objectives for eco-sensitive, sustainable production in keeping with the highest global norms.

With a built up area of over 600,000 square-feet, PESL's Unit 2 is one of the world's largest quartz surfaces manufacturing facilities, equipped with most advanced 'Bretonstone' technologies, from Breton SpA of Italy, to produce Super Jumbo, Jumbo and Regular size slabs.

The new unit is equipped with a battery of multi-axis anthropomorphic robots to produce exotic natural looking as well as studio designs and is also powered by a whole new generation of fabrication equipment to ensure world-class quality with maximum speed and precision.

"It's indeed a memorable and a very proud moment for us today as we commence commercial operations at Unit 2. This milestone will further increase PESL's capabilities to please its vast customer base across North America, Europe, Middle East, India; from major existing markets to fast-growing new markets", said Gautam Chand Jain, Chairman & Managing Director.

According to Paras Kumar Jain, CEO. "Our new unit is a unique hub of technology and automation to deliver the best in class products for our customers and to further cement our leadership position in the quartz surface industry."

Exported globally under the brand name of Quantra Quartz, PESL's surfaces and fabricated products range from sinks and basins to shower trays and vanities and are now being launched in India.

Shares of POKARNA LTD. was last trading in BSE at Rs.230.7 as compared to the previous close of Rs. 244.05. The total number of shares traded during the day was 15964 in over 886 trades.

The stock hit an intraday high of Rs. 242.85 and intraday low of 206.35. The net turnover during the day was Rs. 3740576.

Source : Equity Bulls

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