Visagar Polytex resumes operations at factory in Surat, Gujarat; stock climbs 4%

The company had shut down the factory due to the ongoing pandemic.

Jan 01, 2021 03:01 IST India Infoline News Service

Visagar Polytex
Visagar Polytex saw its shares jump over 4% on announcing that the company has resumed operations at its factory at Surat, Gujarat. 

The company had shut down the operations at the factory because of the lockdown and subsequent restrictions imposed due to the ongoing pandemic. 

The factory had shut down in the month of March, 2020.

The company said that it is considering re-evaluation and restructuring of its business verticals and planning to restart retail businesses under its Vividha brand.

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