Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
08 March, 2021 12:56 IST
Gravita India signs agreement with Sorin Corporation
Source: IRIS | 18 Jan, 2021, 01.00PM
Rating: NAN / 5 stars.
Comments  |  Post Comment

 Gravita India is leading Indian company having state-of-the-art Lead Processing unit at Jaipur (Rajasthan), India on January 18 has signed an annual agreement with Sorin Corporation, a subsidiary of Korea Zinc Co for supplying of approx 8,000 MT of refined lead to be executed in calendar year 2021. The approximate value of the contract is Rs 1,250 million.

Korea Zinc is a world's leading non-ferrous metal smelting company that has served as a foundation for the growth of the base metal industry in Korea. Established in 1974, it produces about 1.2 million tons out of various types of non-ferrous metals from zinc to lead, gold, silver, copper as well as rare materials such as indium.

Sorin Corporation has its presence largely in South East Asian countries like Vietnam, Japan, South Korea, Philippines and India.

Shares of the company gained Rs 1.95, or 2.5%, to trade at  Rs 80.  The total volume of shares traded  was  12,452 at the BSE (11.37 a.m., Monday).



 Post Comment
Name Email
Comment
Security Code type    into this box
Company Update
Jagran Prakashan plans to buyback shares worth Rs 1,180 mn - 08-Mar-2021 09:27
Kotak Mahindra Bank divests 10% stake in ECA Trading Services to its arm - 08-Mar-2021 09:07
Hero MotoCorp February sales crosses 5 lakh units - 05-Mar-2021 17:57
PVR launches new six-screen property in Mysuru - 05-Mar-2021 16:55
Sangam Renewables commissions 16 MW solar project in Maharashtra - 05-Mar-2021 13:47
Voltas strong performance raises expectations of blockbuster summer sales: Motilal Oswal - 05-Mar-2021 13:27
Unichem Lab gets USFDA nod for Guanfacine Tablets - 05-Mar-2021 13:03
Wipro-Capco acquisition- A Bold Move; REDUCE: IDBI Capital - 05-Mar-2021 11:44
VST Tillers Tractors to invest in Zimeno Inc - 05-Mar-2021 09:36
Welspun India's board approves raising up to USD 100 mn - 05-Mar-2021 09:23
Oswal Yarns board appoints Nipun Vyas as Independent Director - 05-Mar-2021 09:01
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer