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NITCO launches new tile collection 'GIBRALTOR'; Stock rallies over 4%

The new launches will be available at over 100 dealerships and retail outlets across the country, and are expected to drive volumes of NITCO products.

December 14, 2021 3:15 IST | India Infoline News Service
NITCO Limited has announced the launch of its new tile collection "GIBRALTOR".  On Tuesday, NITCO stock rallied.

In line with global fashion trends, NITCO e-launched an industry-first premium collection "GIBRALTOR" comprising 11 pastel shades of "Pop Up" colours (600 em X1200 em) across its dealerships on December 9, 2021. The full-body matte porcelain Technical Tiles are suitable for the floor as well as wall applications, and have been highly appreciated in the architect community.

NITCO has also launched 5 new designs (600mm X 600mm) under its Full Body Vitrified portfolio for the retail segment. These comprise 4 "Salt and Pepper" designs and 1 Solid Kota Stone type colour. These products are popular in the commercial segment, including offices, shops, malls, airports, hospitals, hotels, educational institutes etc.

The new launches will be available at over 100 dealerships and retail outlets across the country, and are expected to drive volumes of NITCO products.

At around 3.14 pm, NITCO was trading at Rs28.20 per piece up by 4.2% on Sensex. The stock has touched an intraday high of Rs28.90 per piece. 

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