Shares of Sutlej Textiles & Industries, a manufacturer of value added dyed yarns and home textiles on Tuesday jumped as much as 5% after the company has commenced commercial production of Greenfield - Green Fibre Project to manufacture Polyester Staple Fibre (PSF) by recycling of pet bottles.
The project set up at Baddi (HP) has a capacity to manufacture 120 MT/Day of Raw White, Black and Dope Dyed Recycled Polyester Staple Fibre.
Shares of Sutlej Textiles and Industries are trading at Rs 46.00, up Rs 2.05, or 4.66% at the Bombay Stock Exchange (BSE) on Tuesday at 1:37 p.m.
The scrip has touched an intra-day high of Rs 46.40 and low of Rs 45.00. The total volume of shares traded at the BSE is 43,249.In the earlier session, the shares climbed 4.02%, or Rs 1.7, at Rs 43.95.
Currently, the stock is trading down 11.37% from its 52-week high of Rs 51.90 and above 198.7% over the 52-week low of Rs 15.40.