Orient Ceratech Ltd to enhace Baraya facility

Orient Ceratech Limited (Formerly known as Orient Abrasives Limited) has undertaken enhancement initiatives at its facility located at Baraya.

As part of its strategic decision, the Company has undertaken an enhancement in the said facility by installing additional equipment. This modification has enhanced the facility's flexibility, enabling it to shift from producing single product to manufacturing multiple higher value and more technologically advanced products. This initiative is aimed at optimizing capacity utilization and is aligned with the Company's ongoing efforts to respond swiftly to the demand for its existing products.

Further, the Company is presently assessing the feasibility of developing new products to manufacture at this facility.

Shares of Orient Ceratech Limited was last trading in BSE at Rs. 37.39 as compared to the previous close of Rs. 37.14. The total number of shares traded during the day was 5801 in over 78 trades.

The stock hit an intraday high of Rs. 37.65 and intraday low of 36.25. The net turnover during the day was Rs. 216023.00.

Source : Equity Bulls

Keywords

OrientCeratech INE569C01020 Enhancement Baraya Facility