Mayur Uniquoters rose 3.62% to Rs 240.75 after the company announced commencement of commercial operation at polyurethane (PU) plant located at Morena in Madhya Pradesh on 21 January 2020.
Mayur Uniquoters manufactures and exports various types of PU leather, PVC leather and synthetic leather. The company's consumers consist of the furniture, automotive industries, footwear, apparel, luggage, sports goods, upholstery and leather goods industry.
The company reported 9.8% decline in consolidated net profit to Rs 21.92 crore on a 18.7% fall in net sales to Rs 130.92 crore in Q2 September 2019 over Q2 September 2018.
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