Orient Bell Limited restarts Manufacturing Line with a capacity of 1 Million sq.mt per annum

Orientbell Tiles, located at Sikandrabad (UP), has restarted another manufacturing line (MF2) that was closed for more than a couple of years. This line increases the production capacity by more than a million sq.mt per annum, and employs, an additional 100 people.

The increase in manufacturing capacity reflects the increasing demand from customers for brands that provide reliable supply and a wide variety of sizes/designs in required lot sizes.

Orient Bell Limited had last installed a new manufacturing line (MF4) in FY 2018-19 to manufacture large format tiles viz. Digital Glazed Vitrified Tiles (DGVT) and Polished Glazed Vitrified Tiles (PGVT). Responding to a query, Anil Agarwal, Chief Operations Officer, shared that the production on this manufacturing line is now at full capacity.

Shares of ORIENT BELL LIMITED was last trading in BSE at Rs.142.9 as compared to the previous close of Rs. 142.2. The total number of shares traded during the day was 3764 in over 189 trades.

The stock hit an intraday high of Rs. 144.1 and intraday low of 138.05. The net turnover during the day was Rs. 531956.

Source : Equity Bulls

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