Finolex Industries Ltd commissions new manufacturing facility at Pune

Finolex Industries Limited has commenced commercial operations of PVC fittings at a new state of art manufacturing facility at Pune (Maharashtra) with effect from 12th March, 2023. The annual capacity of the said facility is 12,000 MT and the capex towards the same is approximately Rs.100 Crore, which has been funded entirely through internal accruals.

Shares of Finolex Industries Limited was last trading in BSE at Rs. 168.15 as compared to the previous close of Rs. 170.70. The total number of shares traded during the day was 19204 in over 943 trades.

The stock hit an intraday high of Rs. 172.00 and intraday low of 167.55. The net turnover during the day was Rs. 3242931.00.

Source : Equity Bulls

Keywords

FinolexIndustries INE183A01024 FINPIPE PlasticProducts CommercialOperations PVCFittings Pune Maharashtra