India's BSL up after production begins on capex plan at Bhilwara site

BSL

31/03/2023 09:40

** Shares of textile company BSL Ltd  BSLL.NS  rise as much
as 5% to 156.6 rupees
    ** BSLL up 3.3% as of 1:53 p.m. IST
    ** Stock set to snap three straight sessions of losses, if
gains hold
    ** Co begins commercial production on its capex plan to
install 29,184 cotton spindles and modernise synthetic spinning,
weaving and processing divisions at Bhilwara site 
    ** More than 6,703 shares traded by 1:53 a.m. IST, slightly
above 30-day avg of 6,229 shares
    ** Stock narrows YTD losses to ~20%, after rising 69.7% in
2022

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com ;))