Sportking India skyrockets 9% on commencement of commercial production of 40800 spindles

4 Oct 2022 , 10:56 AM

Sportking India Ltd stocks rally in the market on Tuesday’s trading session after announcing the commencement of commercial production.

In a regulatory filing, the company announced that it has commenced commercial production of additional 40800 Spindles (First Phase) at Village Jeeda, Kotakpura Road, Bathinda for manufacturing of Polyester Cotton Yarn (compact).

On Tuesday at around 10:58 AM, Sportking India was trading at Rs836.85 per share higher by 9.13% on the BSE. The scrip opened at Rs793.65 per share andhit intraday high and low at Rs855 per share and Rs772.05 per share on the BSE.

Previously, the scrip ended at Rs766.85 per share on the same BSE platform.

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