In order to achieve greater economy of scale, the production of faucets from HSIL Ltd's Bhiwadi plant is being shifted to Kaharani plant with effect from November 01, 2014 till the time the Company achieve full capacity utilization at Kaharani plant.
The Bhiwadi plant can be restarted whenever additional capacity for faucet production is required.
Shares of HSIL LTD. was last trading in BSE at Rs.386.3 as compared to the previous close of Rs. 392.2. The total number of shares traded during the day was 13857 in over 958 trades.
The stock hit an intraday high of Rs. 396 and intraday low of 385.05. The net turnover during the day was Rs. 5398247.