Shree Rama Multi-Tech Ltd commences commercial production with new Tubing Machine

Shree Rama Multi-Tech Limited has started its commercial production of different size and dimensions of Tubes with effect from, 1st April, 2025 with the new Tubing Machine. Further with the commencement of production of tubes with new Tubing Machine it will enhance capacity in Lamitube by roughly around 18-20%, hence contributing towards increase in Topline as well as Bottomline in the coming years.

The company had announced in 2024 about the CAPEX towards Capacity expansion by purchase of Tubing Machines of latest technology to manufacture different size and dimensions of Tubes at a cost of Rs. 18 Crore approximately, we hereby inform that new Tubing Machine has been successfully installed at our plant at Moti-Bhoyan, Ta. Kalol. The Company has carried out the trial runs as per its standard norms and quality parameters as required.

Shares of Shree Rama Multi-Tech Limited was last trading in BSE at Rs. 32.00 as compared to the previous close of Rs. 32.47. The total number of shares traded during the day was 16836 in over 19 trades.

The stock hit an intraday high of Rs. 32.20 and intraday low of 32.00. The net turnover during the day was Rs. 539952.00.

Source : Equity Bulls

Keywords

ShreeRamaMultiTech INE879A01019 CommercialProduction NewTubingMachine