Orbit Exports is an established manufacturer & exporter of novelty fabrics, has completed setting up of the Process / Dyeing House situated at Plot no. 13 to 20, GIDC, Sarigam Industrial Estate, Taluka, Umbergaon, District, Valsad, Gujarat, which was acquired in the month of August 2020 and the operations have started there from September 28, 2021.
The company had also completed setting up of the waterjet looms at an Industrial Plot no 30, Fairdeal Textile Park, Village Mahuvej, Taluka, Mangrol, District, Surat, which was acquired in the month of February 2021. The said Plant has also started operations from September 28, 2021.
Shares of the company gained Rs 8.30, or 11.58%, to settle at Rs 80. The total volume of shares traded was 25,550 at the BSE (Wednesday).