LINC Ltd to set up new manufacturing unit near Kolkata

With a view to strengthen its manufacturing footprint, the Board at its meeting held on 2nd May, 2024, to create a new infrastructure for a proposed manufacturing unit near to its existing factory near Kolkata.

The new unit will be set up at a cost of Rs. 35 Crores which will be raised mostly through Internal Accruals. The new unit is expected to be commissioned in Q1 of FY26.

The new unit will fasten the capacity addition process in line with the market demand for Company's products. Will also bring economic and logistics synergies.

Shares of Linc Limited was last trading in BSE at Rs. 632.55 as compared to the previous close of Rs. 648.60. The total number of shares traded during the day was 3134 in over 488 trades.

The stock hit an intraday high of Rs. 663.30 and intraday low of 631.00. The net turnover during the day was Rs. 2010140.00.

Source : Equity Bulls

Keywords

Linc INE802B01019 ExpansionProject