Stock Report

Jasch Industries Ltd increases capacity through process improvement



Posted On : 2021-04-03 12:02:06( TIMEZONE : IST )

Jasch Industries Ltd increases capacity through process improvement

Jasch Industries Ltd has been able to improve the drying speed of PVC coated fabrics in its existing ovens, without compromising with the quality of the product.

The management estimates that, as a result of this improvement, the installed capacity of PVC coated fabrics being manufactured by the Company has increased from 78 lakh metres to 94 lakh metres per annum (representing an increase of about 20%) w.e.f. 01st April, 2021.

After studying the figures of actual increase (which should be reflected in the financial results for the quarter which is to end on 30th June 2021), scope of further improvements, if any, will be assessed.

Shares of JASCH INDUSTRIES LTD. was last trading in BSE at Rs.59.9 as compared to the previous close of Rs. 61.4. The total number of shares traded during the day was 12304 in over 60 trades.

The stock hit an intraday high of Rs. 62.4 and intraday low of 59. The net turnover during the day was Rs. 747917.

Source : Equity Bulls

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