Indo Rama Synthetics Share Price | Current News

Indo Rama Synthetics is currently trading at Rs. 27.30, up by 0.65 points or 2.44% from its previous closing of Rs. 26.65 on the BSE.

The scrip opened at Rs. 26.15 and has touched a high and low of Rs. 27.70 and Rs. 26.00 respectively. So far 48244 shares were traded on the counter.

The promoters holding in the company stood at 64.06% while Institutions and Non-Institutions held 15.60% and 13.57% respectively.  

Indo Rama Synthetics (India) will be signing Memorandum of Understanding with Government of Tamil Nadu for setting up a Petrochemical Project for manufacturing of Purified Terephthalic Acid, Polyethylene Terephthalate Resin and Polyester Staple Fiber.

Indo Rama Synthetics is India’s largest dedicated polyester manufacturer with an integrated manufacturing complex at Butibori near Nagpur, Maharashtra, with capacity of 6,10,050 tonnes per annum of polyester staple fibre, filment yarn, drae texturized yarn, fully drawn yarn and textile grade chips. [Via]

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