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Stock Report
Indo Count Recognized as 'Top Performer' at Walmart's Global Sourcing Sustainability Summit
Posted On : 2021-07-22 13:37:29( TIMEZONE : IST )
Indo Count Industries Ltd., one of India's largest home textile manufacturers announced that the company has been recognized as one of the 'TOP PERFORMER' suppliers at the recent Walmart's Global Sourcing Sustainability Summit held on 15th July 2021.
Walmart launched "Project Gigaton" in 2017 aiming to inspire suppliers to reduce upstream and downstream (beyond-the-shelf) greenhouse gas (GHG) emissions from the global supply chain. Specifically, Project Gigaton's goal is to reduce one billion metric tons, or one Gigaton, of CO2 emissions from the global supply chains by 2030.
Indo Count has contributed towards Project Gigaton since inception for reducing GHG emissions through various initiatives such as installation of solar plant, and reduction in fresh water consumption via water recycling plant. In additional to these sustainability initiatives, as an organization Indo count are also supporting Walmart's commitments on sustainable fibers, recyclable/sustainable packaging, and implementation of HIGG index.
Indo Count will continue to strive to help achieve Walmart's goal of being a Regenerative Company.
Commenting on the illustrious achievement, Mr. Mohit Jain, Executive Vice-Chairman of Indo Count Industries Ltd. stated, "At Indo Count, sustainability is a part of our core culture and we have adopted it in every action and activity of our organization. Our strategic endeavors to drive business growth have always ensured reduced environmental footprint and positive social impact. We are honored to be associated with Walmart to take our common vision of sustainable initiatives forward.
Shares of INDO COUNT INDUSTRIES LTD. was last trading in BSE at Rs. 204 as compared to the previous close of Rs. 205.7. The total number of shares traded during the day was 54302 in over 1282 trades.
The stock hit an intraday high of Rs. 208.5 and intraday low of 195. The net turnover during the day was Rs. 10970563.
