Ramasign Industries Limited enters into contract manufacturing agreement with Qrex Flex Pvt Ltd

Ramasign Industries Limited has entered into a Contract Manufacturing Agreement with M/s. Qrex Flex Private Limited, on dated 30th October, 2021 one of the leading manufacturers of flex material in India, for specific contract based manufacturing. Under this agreement, the Company will get various flex products contract manufactured as per its specifications, exclusively for the Company for a period of Two years. The Company is one of the leaders in the printing consumables industry and deals in various types of flex, vinyls, sunboard etc. The agreement would further strengthen the Company's supply chain and would help the Company strengthen its products range and quality.

The Printing Consumables industry, in which the Company operates, though has taken adverse hit due to Covid pandemic, is expected to bounce back with the worldwide retum of normalcy and consumer sentiment improvements. The Company's agreement is a step towards ensuring continuous quality products range ro11 out by the Company under its brand over years.

Shares of Ramasigns Industries Ltd was last trading in BSE at Rs. 4.43 as compared to the previous close of Rs. 4.34. The total number of shares traded during the day was 6640 in over 27 trades.

The stock hit an intraday high of Rs. 4.55 and intraday low of 4.13. The net turnover during the day was Rs. 29293.00.

Source : Equity Bulls

Keywords

RamasignsIndustriesLtd INE650D01026 515127 ContractManufacturing QrexFlex