Mallcom India Ltd enters into MoU with Gujarat Government for new manufacturing unit

Mallcom (India) Limited, has, today, entered into a Memorandum of Understanding (MoU) with the Government of Gujarat to set up the manufacturing facility for Protech PU Gloves, Protech NBR Gloves, Safety Helmet, Safety Eyewear (PPE) with an estimated project cost of Rs. 108.22 Cr at Sanand-II Industrial Estate, Gujarat, subject to such approvals and clearances, as may be required.

Shares of Mallcom (India) Ltd was last trading in BSE at Rs. 709.85 as compared to the previous close of Rs. 710.25. The total number of shares traded during the day was 80 in over 59 trades.

The stock hit an intraday high of Rs. 726.90 and intraday low of 709.05. The net turnover during the day was Rs. 57060.00.

Source : Equity Bulls

Keywords

MallcomIndia INE389C01015 MoU GujaratGovernment NewManufacturingFacility ProtechPUGloves NBRGloves SafetyHelment Eyewear PPE