Acrysil jumps on completing capacity expansion of 160,000 units at Bhavnagar plant
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Acrysil is currently trading at Rs. 616.55, up by 46.90 points or 8.23% from its previous closing of Rs. 569.65 on the BSE.
The scrip opened at Rs. 578.65 and has touched a high and low of Rs. 618.10 and Rs. 575.35 respectively. So far 25563 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 935.00 on 13-Dec-2021 and a 52 week low of Rs. 471.00 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 618.10 and Rs. 495.70 respectively. The current market cap of the company is Rs. 1562.41 crore.
The promoters holding in the company stood at 44.04%, while Institutions and Non-Institutions held 6.60% and 49.36% respectively.
Acrysil has completed capacity expansion of 160,000 units of Quartz Kitchen Sinks at Bhavnagar plant in Gujarat. The commercial production of additional 160,000 units has commenced from June 28, 2022. The manufacturing capacity of Quartz Kitchen Sinks has increased from 840,000 units to 1,000,000 units per annum.
Acrysil is a leading manufacturer of composite quartz and granite kitchen sinks in India. The company exports granite sinks to more than 20 countries worldwide.
