The Management of Ecoplast Ltd has decided to shut down the Guwahati Plant of Synergy Films Private Limited, wholly owned subsidiary of the Company for being economically unviable w.e.f 7th December 2019.
During the Financial year ended on 31st March 2019, The aforesaid plant has contributed Income of Rs. 9,21,71,616/- & 9% to the Consolidated Total Income of the Company and had a Net worth of Rs.76,87,815/- & has contributed 3% to the Consolidated Total Net worth of the Company.
Shares of ECOPLAST LTD. was last trading in BSE at Rs.86 as compared to the previous close of Rs. 86.7. The total number of shares traded during the day was 20 in over 2 trades.
The stock hit an intraday high of Rs. 91 and intraday low of 86. The net turnover during the day was Rs. 1725.