Raymond will invest close to Rs 200 crore and expand its capacity by a third of its current levels. This will take the garment manufacturer and retailer to become the third largest suit maker in the world, said chief financial officer Amit Agarwal in an interaction with CNBC-TV18.“…In the garmenting business we are putting a capex of almost Rs 200 crore, expanding the lines and capacity.
Open FlipRefractory Shapes IPO has opened for subscription today (Monday, May 6), and will close on Thursday, May 9. The price band has been set in the range of ₹27 to ₹31 per equity share of face value of ₹10 each. Refractory Shapes IPO lot size consists of 4,000 shares. Following the minimum of 4,000 equity shares, bids may be placed for multiples of 4,000 equity shares.
Open FlipShares of One Point One Solutions Limited gained 1.2 per cent to Rs 55.05/share from its previous closing of Rs 54.40. The stock gave multibagger returns of over 190 per cent from its 52-week low of Rs 18.95 per share. ITCube Solutions Pvt. Ltd., a subsidiary of OPOSL and a respected provider of technology solutions, has achieved a significant win by acquiring a new client in the European region.
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