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Multibagger inventory Vinny Overseas has introduced a mega enlargement plan. The superior cloth producer has knowledgeable exchanges that it has put in three state-of-the-art Epson machines for digital printing in textiles.
The new machines will increase the general output and in addition present high-quality digital printing on textile supplies with velocity and effectivity, the corporate mentioned within the submitting.
In addition to this, the corporate has additionally ordered to acquire two Kyocera machines. The machines will likely be put in in March and April. The administration mentioned that it’s hopeful that the brand new machines will drive the corporate’s total income and business.
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“The company is fully equipped to utilize these machines to deliver the best possible outcomes,” it mentioned.
Shares of Vinny Overseas have delivered a large 475 per cent return up to now one yr, leading to wealth achieve for traders. The inventory has gained a whopping 756 per cent in 6 months and 164 per cent YTD. The inventory’s 52-week vary is Rs 33.43 – Rs 4.20. It has a market cap of 17 crore.
Meanwhile, the corporate in a press release mentioned that the administration is assured of strengthening its operations and attaining new heights.
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Source: www.indiatvnews.com
