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Indian Acrylics reports higher yarn sales in November 2020
Source: IRIS | 02 Dec, 2020, 02.32PM
Rating: NAN / 5 stars.
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 Indian Acrylics, the largest and most efficient acrylic fibre manufacturer of India, on Wednesday announced its monthly production and sales numbers. The net sale of Acrylic Fibre and Acrylic Yarn in the month of November 2020 has reached to the level of Rs 703.5 million, an increase of 31% MOM (47% YOY).

After first two quarters of lower operations level due to Covid 19 pandemic, Indian Acrylics has started improving and has achieved highest monthly production and sale in the month of November 2020 of this financial year.

Shares of Indian Acrylics  are trading at Rs 8.25, up Rs 0.25, or 3.13%  at the Bombay Stock Exchange (BSE) on Wednesday at 1:20 p.m.

The scrip has touched an intra-day high of Rs 8.54 and low of Rs 7.91. The total volume of shares traded at the BSE is 132,583.

In the earlier session, the shares rose 2.43%, or Rs 0.19, at Rs 8.

Currently, the stock is trading down  30.59% from its 52-week high of Rs 12.16  and above 36.75% over the 52-week low of Rs 6.04.



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