Rubfila International surges on starting commercial production of new production line at Tamilnadu
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Rubfila International is currently trading at Rs. 91.80, up by 3.25 points or 3.67% from its previous closing of Rs. 88.55 on the BSE.
The scrip opened at Rs. 89.90 and has touched a high and low of Rs. 92.70 and Rs. 88.00 respectively. So far 12971 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 5 has touched a 52 week high of Rs. 129.00 on 18-Jan-2022 and a 52 week low of Rs. 55.50 on 25-Mar-2021.
Last one week high and low of the scrip stood at Rs. 94.10 and Rs. 86.00 respectively. The current market cap of the company is Rs. 503.06 crore.
The promoters holding in the company stood at 62.81%, while Non-Institutions held 37.19%.
Rubfila International has commenced the commercial production of new production line at its unit at Madathukulam in Tamilnadu. The company has started the commercial production from March 08, 2022.
Rubfila International produces adhesives suitable for various industry segments like leather and footwear, tyre Re- treading, wood, rexin and foam, automotive etc.
