Titan Industries has commenced commercial production in its new integrated state of art jewellery unit set up in the excise free zone in Pantnagar, Uttarakand, UP, on March 29, 2012.
The company shares gained over 3%, touching the weekly high of Rs250.65. Till now, over 2.56 lakh shares have traded on the BSE as against the two-week average volume of 5.21 lakh shares.
The new unit has been commissioned at an approximate cost of Rs15 crore for the manufacture of studded jewellery and is estimated to achieve a turnover of Rs250 crore during the financial year 2012-13,' the Tata Group company said.
The stock has also surged yesterday (April 02, 2012), after the government allowed the company to import gold directly from overseas market.
....more info
The company shares gained over 3%, touching the weekly high of Rs250.65. Till now, over 2.56 lakh shares have traded on the BSE as against the two-week average volume of 5.21 lakh shares.
The new unit has been commissioned at an approximate cost of Rs15 crore for the manufacture of studded jewellery and is estimated to achieve a turnover of Rs250 crore during the financial year 2012-13,' the Tata Group company said.
The stock has also surged yesterday (April 02, 2012), after the government allowed the company to import gold directly from overseas market.
....more info