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 announced its first half 2024 results, showcasing a new record operating margin of 11.7%. The company has achieved significant milestones in its strategic repositioning, including three strategic acquisitions that add approximately €2bn to annual sales.
Saint-Gobain in Poland and NorDan Group join forces to lead the market towards the sustainable window.
Saint-Gobain has completed its acquisition of CSR Limited, strengthening its presence in the Australian construction market.
Saint-Gobain Glass is clear-cut on how to protect the planet: recycle waste glass to produce new, high-performance glazing solutions.
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.

Add new comment

From industry