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21 April, 2021 16:33 IST
Sutlej Textiles jumps on starting commercial production of PSF at Baddi
Source: IRIS | 02 Mar, 2021, 03.06PM
Rating: NAN / 5 stars.
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 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.



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