Avro India jumps on commencement of new recycling plant
** Shares of furniture manufacturer Avro India Ltd AVRI.NS
rise as much as 8.5% to 118 rupees, biggest intraday pct gain
since Nov. 24
** AVRI on Monday said it began operations at its 300 MT
recycling plant at Ghaziabad, Uttar Pradesh with effect from
Dec. 22
** Shares set to rise for second consecutive session, if
gains hold
** Stock up 222.5% YTD up to last close
(Reporting by Ashna Teresa Britto in Bengaluru)
((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))
Recent news on Avro India
See all newsBrief: Avro India Approves Stock Split In 1:10 Ratio
Brief: Avro India Gets Show Cause Notice For Tax Demand Of 8.5 Mln Rupees, Penalty Of 904,172 Rupees
Brief: Avro India To Consider Raising Of Funds
Brief: Avro India Approved Raising Of Funds Via Issue Of Shares On Rights Basis For Up To 350 Mln Rupees
Avro India jumps on commencement of new recycling plant