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India:Hanil Era Textiles receives order from South
Korean Chungi Industrial Co

2005-2-6



The Hanil Era Textiles stocks buoyed on the news that the company announced that it had received an order from Chungi Industrial Company of South Korea, Friday. The stock hit an all-time high of Rs 34, before closing at Rs 33.55, up 17.51 per cent over its previous close. More than 13.10 lakh shares were traded on the Bombay Stock Exchange (BSE). Hanil Era Textiles has bagged an export order for acrylic and cotton yarn worth Rs 25.25 crore. This is above the existing order book position of Rs 20 crore. The export order from Chungi Industrial is for 1,300 tonne of yarn — 100 per cent acrylic as well as 100 per cent cotton yarn.

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