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Arcee Industries gains on restarting commercial production at Hisar unit

Arcee Industries is currently trading at Rs. 1.60, up by 0.01 points or 0.63% from its previous closing of Rs. 1.59 on the BSE.

The scrip opened at Rs. 1.60 and has touched a high and low of Rs. 1.60 and Rs. 1.60 respectively. So far 4000 shares were traded on the counter.

The BSE group ‘XT’ stock of face value Rs. 10 has touched a 52 week high of Rs. 2.77 on 16-Aug-2019 and a 52 week low of Rs. 1.52 on 11-Mar-2019.

Last one week high and low of the scrip stood at Rs. 1.60 and Rs. 1.55 respectively. The current market cap of the company is Rs. 0.82 crore.

The promoters holding in the company stood at 15.22%, while Non-Institutions held 84.78% stake in the company.

Arcee Industries has restarted its Commercial Production with effect from October 25, 2019 at the unit situated at Barwala Road, Hisar in the state of Haryana. The company had stopped production since April 2016 due to non-availability of working capital limits.

Arcee Industries is engaged in manufacture of rigid PVC Pipes.

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