Arham Plastics commences commercial production at SIPCOT plant near Chennai

Arham Plastics Ltd has announced about setting up of plane in SIPCOT Industrial Complex, Chennai. Earlier the Company had mentioned that the Company planning to set up an auto ancillary unit near Hyundai in SIPCOT Industrial Complex, Chennai. Now the Company has further informed that, the plant has now been successfully commissioned and commercial production commenced.

The Company has also set up a unit in Himachal Pradesh and the manufacturing operations have commenced from March 2007.

The stock was trading at Rs.9.51, down by Rs.0.40 or 4.04%. The stock hit an intraday high of Rs.11.88 and low of Rs.9.20. The total traded quantity was 290 compared to 2 week average of 1450.

Source : Equity Bulls

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