Korean order boosts Hanil Era Textiles

DALAL STREET SPIKES

The Hanil Era Textiles counter was in action on Friday after the company announced that it had received an order from Chungi Industrial Company of South Korea.

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.