Sintex Industries, a leading plastic products manufacturer, witnessed a rise in share price on Friday after the company said that its board approved demerger of custom moulding business and prefab business from the company.

Shares of Sintex Industries  are trading at Rs 77.30, up Rs 4.35, or 5.96%  at the Bombay Stock Exchange (BSE) on Friday at 11:46 a.m. The scrip has touched an intra-day high of Rs 78.50 and low of Rs 74.70. The total volume of shares traded at the BSE is 1,675,354.

Total volume of shares traded on the bourses today was higher by 91.41% to 14,662,341 compared with 22-day average volume of 7,660,128.