Jute Shares Rally Ludlow Jute Hits 20% Upper Circuit

Shares of jute products rallied on the bourse after the government imposed anti-dumping duty on jute from Bangladesh and Nepal. The government has imposed anti-dumping duty ranging from $ 6.30 to $ 351.72 per tonne on imports of jute and its products from Bangladesh and Nepal to protect domestic industry, as per media reports.

Gloster Ltd is currently trading at Rs 546, up by Rs 63 or 13.04% from its previous closing of Rs 483 on the BSE. The scrip opened at Rs 505 and has touched a high and low of Rs 575 and Rs 491.1 respectively. So far 58485 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 505.55 crore.

Cheviot Company Ltd is currently trading at Rs 993.55, up by Rs 96.05 or 10.7% from its previous closing of Rs 897.5 on the BSE. The scrip opened at Rs 928 and has touched a high and low of Rs 1051.4 and Rs 907.8 respectively. So far 46265 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 404.77 crore.

Ludlow Jute & Specialities Ltd is currently trading at Rs 107.85, up by Rs 17.95 or 19.97% from its previous closing of Rs 89.9 on the BSE. The scrip opened at Rs 93 and has touched a high and low of Rs 107.85 and Rs 93 respectively. So far 199600(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 96.82 crore.

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