Polyspin Exports to partially stop production in FIBC division; stock gains

29 Jul 2022 , 02:07 PM

Polyspin Exports Ltd has decided to partially stop the production in the FIBC Division on July 29, 2022 and July 30, 2022 due to low order book position.

Accordingly, the company said that there will be a minor impact on the production activities of the Company in the near future until the position improves. However, the normal production will be resumed on August 1, 2022, the company said.

At around 2:05 PM, Polyspin Exports was trading at Rs60.90 per share up by Rs0.4 or 0.66% from its previous closing of Rs60.50 per share on the BSE.

The scrip opened at Rs60.50 and has touched a high and low of Rs60.90 and Rs58.40 respectively so far today. The current market cap of the company is Rs60.50 crore.

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