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Bhilwara Spinners to set up new denim unit with capex of ~Rs75cr; Stock up over 2%

Company has plans to expand its operations in next few years.

December 15, 2021 11:14 IST | India Infoline News Service
Stock Market Trader, Stock Trader, Trading
Bhilwara Spinners Ltd has informed that the company has plans to expand its operations in next few years by setting up new plant preferably their new location SP-1, RIICO Industrial Area pur road Bhilwara (Rajasthan).

Further, the company plans to set up a new denim unit with approx. capex of around Rs75cr and to submit their application to District Industrial Centre, Government of Rajasthan, Bhilwara.

At around 11:17 AM, Bhilwara Spinners was trading at Rs22 apiece up by Rs0.5 or 2.33% on Sensex.

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