Avro India Limited to expand capacity

Avro India Limited has purchased Injection Moulding Machine on October 09, 2023.

The Existing Capacity of 4500 pcs appx. per day is being increased with proposed capacity addition of 900 pcs. appx. per day.

The proposed capacity is to be added by October, 2023 and the investment required is Rs. 37,76,000. The expansion project will be funde through Internal Accruals.

This additional capacity will help the Company to service the multiple range of the products.

Shares of AVRO INDIA LIMITED was last trading in BSE at Rs. 110.95 as compared to the previous close of Rs. 111.80. The total number of shares traded during the day was 738 in over 77 trades.

The stock hit an intraday high of Rs. 111.80 and intraday low of 110.50. The net turnover during the day was Rs. 81933.00.

Source : Equity Bulls

Keywords

AVROINDIA INE652Z01017 InjectionMouldingMachine