Integra Engineering India Limited to expand capacity

Integra Engineering India Limited has announced capacity addition through 75,180 Square Feet in addition to its existing capacity of 1,78,313 Square Feet.

The expansion project will be implemented at an outlay of INR 21,83,00,000/- which will be funded through internal accruals and Bank financing.

The expanded capacity is expected to be added by April to June 2024.

The proposed addition in the capacity is expected to enhance the production and other facilities at the factory as well as revamping of office building in phased manner. This would help the Company in accepting multiple orders in future and thereby generating extra revenue.

Shares of INTEGRA ENGINEERING INDIA LTD. was last trading in BSE at Rs. 224.60 as compared to the previous close of Rs. 226.70. The total number of shares traded during the day was 32515 in over 465 trades.

The stock hit an intraday high of Rs. 232.00 and intraday low of 223.25. The net turnover during the day was Rs. 7355726.00.

Source : Equity Bulls

Keywords

INTEGRAENGINEERINGINDIA INE984B01023 Expansion