Visaka Industries Ltd's new V-Boards Unit at Jhanswa Village, Jhajjar Dist., Haryana with an installed annual capacity of 50,000 MTS has been commissioned & is starting commercial production from today i.e. 11.03.2019.
The company utilised the delay in commencement of commercial production by completing all kinds of trials and established both good quality and rate of production. Necessary arrangements for the marketing like appointment of dealers, acceptance of samples etc have already been made and the response is very good. The company expects the plant would reach 50% capacity utilisation within one month and reach its full capacity progressively in the next few months thereby making up for the delay to a larger extent.
Shares of VISAKA INDUSTRIES LTD. was last trading in BSE at Rs.393.75 as compared to the previous close of Rs. 399.9. The total number of shares traded during the day was 1001 in over 70 trades.
The stock hit an intraday high of Rs. 401 and intraday low of 391.1. The net turnover during the day was Rs. 396632.