Shree Rama Multi-Tech Limited commissions Multi-Layer Film plant

Shree Rama Multi-Tech Limited has started its commercial production of MLFP with effect from 18th June, 2024. With the commencement of production of MLFP, the making of Multi layers Films will enhance our quality and reduce our dependency on outside job work and simultaneously will also reduce the inventory as well as lead time for our Laminate customers.

The company had earlier announced CAPEX for approx. Rs. 17 Crores for purchase of Multi- Layer film plant from Reifenhauser, Germany that has been successfully installed at its plant at Moti-Bhoyan, Ta. Kalol. The Company carried out the trial runs as per its standard norms and quality parameters as required and it is complete in all respect to start its production / operations.

Shares of Shree Rama Multi-Tech Limited was last trading in BSE at Rs. 25.36 as compared to the previous close of Rs. 24.87. The total number of shares traded during the day was 6438 in over 8 trades.

The stock hit an intraday high of Rs. 25.36 and intraday low of 25.36. The net turnover during the day was Rs. 163267.00.

Source : Equity Bulls

Keywords

ShreeRamaMultiTech INE879A01019 CommercialProduction MultiLayerFilmPlant