Acrysil trades jubilantly on doubling supply of Quartz Kitchen Sinks to IKEA Supply AG
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Acrysil is currently trading at Rs. 535.25, up by 46.10 points or 9.42% from its previous closing of Rs. 489.15 on the BSE.
The scrip opened at Rs. 498.00 and has touched a high and low of Rs. 557.55 and Rs. 495.70 respectively. So far 57919 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. 557.55 and Rs. 471.00 respectively. The current market cap of the company is Rs. 1441.94 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 doubled the supply of Quartz Kitchen Sinks to IKEA Supply AG (Switzerland) (‘IKEA’), which is a part of International IKEA Group Sweden for their global requirement. IKEA has an expertise in distribution and supply of home improvement products. The production of aforesaid additional ‘Composite Quartz Kitchen Sinks’ for IKEA will start from end of July, 2022 and supply will commence from August, 2022.
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.
