La Opala RG surges on starting commercial production of Green Field Plant in Uttarakhand
La Opala RG is currently trading at Rs. 269.50, up by 3.35 points or 1.26% from its previous closing of Rs. 266.15 on the BSE.
The scrip opened at Rs. 272.00 and has touched a high and low of Rs. 277.55 and Rs. 266.00 respectively. So far 12198 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 487.00 on 27-Dec-2021 and a 52 week low of Rs. 241.95 on 25-May-2022.
Last one week high and low of the scrip stood at Rs. 282.40 and Rs. 259.20 respectively. The current market cap of the company is Rs. 3000.33 crore.
The promoters holding in the company stood at 65.64%, while Institutions and Non-Institutions held 20.52% and 13.83% respectively.
La Opala RG has started commercial production of Green Field Plant in Uttarakhand. The Company’s Green Field Plant situated at Sitarganj, Udham Singh Nagar, Uttarakhand, having production capacity of 11,000 metric tons per annum has successfully commenced its Commercial Production on June 1, 2022. This is the second Plant of the Company in Uttarakhand which is now operational.
La Opala RG is a leading manufacturer and marketer of life style product in the glassware segment. The company has spread the wings beyond domestic arena and ventured into the leading market of the world.