Visaka Industries’ new product launch boosts scrip

DSIJ Intelligence / 28 Aug 2017

Visaka Industries’ new product launch boosts scrip

With the announcement of the launch of a new product called ‘ATUM’ – an eco-friendly, energy-efficient and energy-generating roof, the shares of Visaka Industries soared by nearly 4% intraday during Monday’s trading session.

With the announcement of the launch of a new product called ‘ATUM’ – an eco-friendly, energy-efficient and energy-generating roof, the shares of Visaka Industries soared by nearly 4% intraday during Monday’s trading session. 
 
The stock was trading up by 3.51% at Rs 559 per share on the BSE at 0941 hours. It opened at Rs 549 per share and touched its intraday high and low at Rs 571 and Rs 546.90 per share respectively. The stock also hit its new 52-week high at Rs 571 on Monday. It attracted a total traded volume of 55,159 shares and traded value of Rs 309.71 lakh on the NSE at 0943 hours.
 
Visaka Industries is engaged in the manufacture and sale of cement asbestos sheets, fiber cement sheets, and panels and spinning (synthetic spun yarn). 

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