/ Fiberweb Gets Export Orders Of Rs 20.8 Crore ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 15 June 2017

Fiberweb (India) has received export orders amounting to Rs 20.8 crore (USD 4.16 million). The company produces spun bond non-woven fabric (Technical Textile) and its various converted products, the company informed the bourses on Thursday.

Meanwhile, the stock was trading higher 2.5% at Rs 336 per share at 1421 hours IST on BSE. It hit a high of Rs 339.90 and a low of Rs 322 so far during the day.

The stock has delivered more than 500% returns in a period of one year. It has outperformed BSE Small-cap and Nifty Commodities index over the same period. Its peers include Nilkamal and Responsive Industries.

Fiberweb (India) Limited is engaged in the business of manufacture of spun bond non-woven fabrics from polypropylene. The company also manufactures and exports garbage bags and carrier bags. It operates through polymer processing segment.

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