Stock Report

Fenesta increases extrusion capacity by over 40% in Kota

Posted On : 2023-09-26 19:43:52( TIMEZONE : IST )

Fenesta increases extrusion capacity by over 40% in Kota

Fenesta, India's No.1 Windows and Doors Brand, and the market leader in its segment has announced a significant capacity expansion of uPVC extrusion at Kota. As part of the expansion, Fenesta has successfully installed - 2 Extrusion Lines and 1 Blending Line to increase the capacity of uPVC extrusion, located at Udyog Nagar, Kota Industrial Area in Kota, Rajasthan - 324004.

The planned expansion at the Kota plant will boost the annual production of upvc profiles from 8,600 metric tons to 12,284 metric tons. This strategic move bolsters production capabilities, ensuring delivery of high-quality products. The increased capacity exemplifies Fenesta's commitment to meeting growing market demands while maintaining excellence in craftsmanship.

Speaking on the expansion, Mr. Saket Jain, Business Head, Fenesta said, "Our strategic vision of increasing the capacity of the plant is embraced by dual commitment: a dedicated focus on customer satisfaction and an extended outreach to connect with a wider consumer base. This expansion with these guiding principles, will help us diligently enhance our reach and better serve our customers across the nation. The journey so far has been remarkable, and we are poised for accelerated growth in the upcoming years."

Fenesta's growth has been a significant factor in achieving an expanded customer base and solidifying their position as dominant leaders in the market. With the swift and substantial expansion of uPVC along with its Aluminum Windows & Doors and Solid Panel Doors range, the brand is devoted to further increase its market share and maintain its leadership position in future.

Shares of DCM Shriram Limited was last trading in BSE at Rs. 1046.15 as compared to the previous close of Rs. 1059.45. The total number of shares traded during the day was 2989 in over 476 trades.

The stock hit an intraday high of Rs. 1076.60 and intraday low of 1045.00. The net turnover during the day was Rs. 3172451.00.

Source : Equity Bulls


DCMShriram INE499A01024 Fenesta uPVCExtrusion CapacityIncrease Kota