Raghav Productivity and Capital Refractories tie-up to supply Silica Ramming Mass to Foundries

Raghav Productivity Enhancers Ltd. and United Kingdom based Capital Refractories Ltd. have entered in an arrangement to partner for sale of Silica Ramming Mass to Foundry and Casting industry world-wide.

Capital refractories will leverage its global distribution set-up to grow the business of Silica Ramming Mass with its Foundry and Casting customers. The product packaging shall be exclusively designed to have our Logo with the statement "Produced by Raghav Productivity Enhancers Ltd." along with the artwork of Capital Refractories leading to a co-branding arrangement.

Commenting on the development, Managing Director of Raghav Productivity Enhancers Ltd., Mr. Rajesh Kabra said "The Foundries market is one of the highest value-add market for Silica Ramming Mass manufacturers and will provide the next growth leg to our company. Our R&D efforts of last 5 years has led the onboarding of an ace partner like Capital Refractories and we look forward to taking a significant leap forward in the foundry and casting market with the help of this tie-up."

Shares of Raghav Productivity Enhancers Ltd was last trading in BSE at Rs. 542.65 as compared to the previous close of Rs. 532.15. The total number of shares traded during the day was 8925 in over 238 trades.

The stock hit an intraday high of Rs. 558.75 and intraday low of 525.00. The net turnover during the day was Rs. 4932187.00.

Source : Equity Bulls

Keywords

RaghavProductivityEnhancers INE912T01018 CapitalRefractories Partner SilicaRammingMass