1 Aug 2022 , 02:14 PM
Apart from this, the company also took over an existing ready-to-use bathware manufacturing unit to facilitate timely production to smoothen product availability across the country.
This display center embarks Astral’s first of many such exclusive showrooms in India. Additionally, the company envisages setting up multiple channel-partnership-based showrooms in major cities over the coming years. The company believes that the Faucet & Sanitaryware division has a market potential of nearly Rs15,000 crore in India.
In October 2021, Astral announced its foray into the faucet and sanitaryware vertical. The company has a robust and efficient dealers’ network in the piping and Adhesives and Sealent vertical. It further plans to fully utilize this partner chain to create value for its new product line, faucets, and sanitaryware.
At around 2.12 PM, Astral was trading 3.79% higher at Rs1,884.25 per piece, against previous close of Rs1,815.50 on NSE. So far, it hit intraday high and low of Rs1,895 and Rs1,805.50 respectively.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.