Advance Syntex Limited breaks into the world's largest retailer

Advance Syntex Limited, has shared few current development and achievements, in the current business socio-economic situation. An American multinational retail corporation that operates a chain of hypermarkets, departmental stores has approved and placed an order with the company after all the due diligence and SEDEX approved certification.

As per the understanding reached the total order for the next financial year will be US$1.5 million. Advance S5mtex Limited believes that this is a great mile stone and could be the start of a deeper relation with the global retailer.

In our core business of Glitters, we have launched an innovative product in world of micro-plastic-"Biodegradable G1itter". This product is 100% home compostable and biodegradable. The product is been launched as trade name "Midas Green" and has been successfully accepted in European, UK and American Markets.

Shares of Advance Syntex Ltd was last trading in BSE at Rs.13.75 as compared to the previous close of Rs. 13.1. The total number of shares traded during the day was 12605 in over 17 trades.

The stock hit an intraday high of Rs. 13.75 and intraday low of 13. The net turnover during the day was Rs. 164678.

Source : Equity Bulls

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