India's Remsons Industries gains on revenue outlook, expansion plans

Remsons Industries

23/09/2025 10:46

** Shares of Remsons Industries REIN.NS rise 4.8% to 133.1 rupees, their highest in over a month

** Automotive equipment maker aims to achieve revenue of 9 billion rupees ($101.5 million) by 2030

** Co identifies additional 80,000 square feet property within India's National Capital Region to support expansion plans

** Over 1 mln shares traded, over 4.7x the 30-day avg

** Stock down 9.4% YTD

($1 = 88.6700 Indian rupees)

 (Reporting by Aleef Jahan)

 ((aleefjahan.cs@thomsonreuters.com))