Responsive Industries surges as it selected as key partner for projects in Ayodhya
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Responsive Industries is currently trading at Rs. 318.35, up by 15.80 points or 5.22% from its previous closing of Rs. 302.55 on the BSE.
The scrip opened at Rs. 324.00 and has touched a high and low of Rs. 324.30 and Rs. 302.55 respectively. So far 12163 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 364.80 on 29-Sep-2023 and a 52 week low of Rs. 104.95 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 334.00 and Rs. 270.85 respectively. The current market cap of the company is Rs. 8199.92 crore.
The promoters holding in the company stood at 58.94%, while Institutions and Non-Institutions held 39.00% and 2.05% respectively.
Responsive Industries has been selected as a key partner for several prestigious hospitality and other projects currently under construction in the holy city of Ayodhya. The company anticipates a significant positive impact on its revenue as a result of these partnerships. The historic and spiritual significance of Ayodhya, coupled with its booming growth as a tourist destination, makes it a focal point for various development initiatives.
The company’s commitments to excellence, unmatched expertise and dedication to quality have earned it the trust and partnership of esteemed project developers and stakeholders in Ayodhya. The company is excited to collaborate on projects that will not only enhance the city's infrastructure but also contribute to its cultural and economic development.
Responsive Industries is a leading manufacturer of PVC Products. It serves as the undisputed standard for PVC products that are all in line with EU/US certifications.
