Raj Rayon industries hits 52 week high on starting commercial production of CP at Silvassa Plant

Raj Rayon Industries is currently trading at Rs. 79.45, up by 1.55 points or 1.99% from its previous closing of Rs. 77.90 on the BSE.

Raj Rayon Industries
Raj Rayon Industries

The scrip opened at Rs. 79.45 and has touched a high and low of Rs. 79.45 and Rs. 79.45 respectively. So far 327 shares were traded on the counter.

The BSE group ‘T’ stock of face value Rs. 1 has touched a 52 week high of Rs. 79.45 on 27-Feb-2023 and a 52 week low of Rs. 1.29 on 16-Mar-2022.

Last one week high and low of the scrip stood at Rs. 79.45 and Rs. 71.80 respectively. The current market cap of the company is Rs. 4418.08 crore.

The promoters holding in the company stood at 94.14%, while Institutions and Non-Institutions held 0.87% and 4.99% respectively.

Raj Rayon industries (RRIL) has started commercial production of the Continuous Polymerization plant (CP) for the production of Polyester Chips (PET) and Partially Oriented Yarn (POY) on February 24, 2023 at its Silvassa Plant. The company has started production post completion of successful trials.

Raj Rayon industries (RRIL) is one of the leading manufacturers of Polyester Yarn in India with product range including Polyester Texturised Yarn (PTY), Partially Oriented Yarn (POY) and Fully Drawn Yarn (FDY) backed by high technology plants located at Silvassa in the Union Territory of Dadra & Nagar Haveli, India.

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