Acrysil Limited increases its dealer network from 1500 to 1880 PAN India

Acrysil Limited, global manufacturer of "Composite Quartz Kitchen Sinks" in India with German Technology, increases its dealer network from 1500 to 1880 over the last 3 months, which comes to approximately 25% expansion in dealer network PAN India. Further, Company plans to increase its dealers to ~3000 by the end of FY 2023. With the increase in dealer network, the Company will further strengthen its position in the Domestic market.

Commenting on the above, Mr. Chirag Parekh, Chairman & Managing Director, Acrysil Limited said: "Acrysil Limited is set to strengthen its presence across the nation. Increase in the dealer network is a reflection of acceptability of our brand and future potential for our products. This dealer network expansion will further help Acrysil in market penetration and increase its reach pan India, also it will improve brand visibility. By this expansion, we expect a good growth in domestic sales across categories in the upcoming quarters. Further, the newly appointed SIS (Shop in Shop) and exclusive galleries will have new displays with innovative products, which will strengthen the brand confidence.

Acrysil constantly strives to innovate and introduce latest products in the market. We have strengthened our sales & marketing team to widen our reach and we are quite confident about our brand presence across India."

Shares of Acrysil Limited was last trading in BSE at Rs. 620.05 as compared to the previous close of Rs. 621.30. The total number of shares traded during the day was 11142 in over 1387 trades.

The stock hit an intraday high of Rs. 640.05 and intraday low of 603.65. The net turnover during the day was Rs. 6899031.00.

Source : Equity Bulls

Keywords

Acrysil INE482D01024 DealerNetwork Expansion