Fiberweb (India) has received a new repeat export order worth Rs 141 million from U.S.A. Our team has been able to procure this order for converted products with better margin.

This is a repeat order and the delivery is spread over next few months. It is heartening to note that our clients in U.S.A. have now put in more and more trust in our converted products which gives us a better margin.

The demand for the products has picked-up very well and is likely to grow more and more in future. With this order our total order book is scored to Rs 1010 million.

Shares of the company gained Rs 0.15, or 0.07%, to trade at Rs 203.00. The total volume of shares traded was 25,406 at the BSE (10.39 a.m., Tuesday).