Prism Johnson Ltd updates on expansion project

Prism Johnson Ltd had earlier announced regarding the installation of a new kiln and increase in tile production capacity by 1.2 million square meters ('MSM') p.a. by Sanskar Ceramics Private Limited ('Sanskar') a joint venture Company, engaged in manufacture of ceramic wall tiles and vitrified tiles, at Morbi, Gujarat.

The expansion of Sanskar's tile production capacity by 1.2 MSM p.a. has been completed ahead of time. With this, the total tile production capacity of H & R Johnson (India) Division of the Company (along with the joint ventures) has increased from ~50 MSM p.a. to ~51 MSM p.a.

Shares of Prism Johnson Limited was last trading in BSE at Rs. 103.10 as compared to the previous close of Rs. 105.00. The total number of shares traded during the day was 21715 in over 699 trades.

The stock hit an intraday high of Rs. 105.70 and intraday low of 102.00. The net turnover during the day was Rs. 2242871.00.

Source : Equity Bulls

Keywords

PrismJohnson INE010A01011 Expansion TileProduct CapacityIncrease Commissioned