Shree Rama Multi-Tech Ltd approves capex of Rs. 17 crores

The Board of Directors of Shree Rama Multi-Tech Limited at its Meeting held on 6th March, 2023 has approved the proposal to make an investment in form of CAPEX for approx. Rs. 17 Crores for purchase of Multi-Layer film plant of the Company and to authorised Managing Director / Whole-Time Director to finalise the terms thereof and to execute necessary documents thereof.

Shares of Shree Rama Multi-Tech Limited was last trading in BSE at Rs. 9.94 as compared to the previous close of Rs. 10.00. The total number of shares traded during the day was 6928 in over 61 trades.

The stock hit an intraday high of Rs. 10.19 and intraday low of 9.77. The net turnover during the day was Rs. 69052.00.

Source : Equity Bulls

Keywords

ShreeRamaMultiTech INE879A01019 Expansion Capex MultiLayerFilmPlant