Sezal Glass sells float glass biz; stock up 4.8%

Date: 1 June 2011

Sezal Glass touched an intraday high of Rs 4.30 and an intraday low of Rs 3.90. At 10:54 hrs the share was quoting at Rs 4.30, up Rs 0.20, or 4.88%.

The company has sold float glass business to Saint Gobain at Rs 686 crore, reports CNBC-TV18.

Sezal Glass current marketcap is at Rs 123 crore. Its net debt at FY11-end stands at Rs 623.6 crore.

Read more on the link below.

600450 Sezal Glass sells float glass biz; stock up 4.8% glassonweb.com

See more news about:

Others also read

Saint-Gobain has signed a 5-year renewable electricity supply agreement (Power Purchase Agreement or PPA) in Romania with OMV PETROM SA.
In the intricate world of glass manufacturing, precision, and quality assurance stand as pillars of success.
The Ain Sokhna float plant in Egypt will see its capacity increased with the construction of a second flat glass production line.
Enhanced solar control glass with exceptional performance
Saint-Gobain solidifies its presence in the Australian market with the signing of a definitive agreement to acquire CSR Limited.
This acquisition would be fully aligned with Saint-Gobain’s strategy as a worldwide leader in light and sustainable construction and an opportunity to enter the Australian market.

Add new comment

From industry