Trident has been granted a patent for Process for Manufacturing Air Rich Yarn and Air Rich Fabric by United States Patent Office.
The present invention related to textile manufacturing and more particularly to a process for manufacturing air-rich yarn and air-rich fabric exhibiting high wettability, easy dry ability, quick absorbency, and increased thickness.
This will help the company to deliver its special soft luxury towels, fabrics and sheeting in US Market.
The grant of this patent provides further recognition of the quality of the innovation being carried out by Trident.
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The branded structural steel tube company on Thursday registered an 8.67% rise in sales volume to 435,348 ton in Q4 FY21 compared with 400,616 ton in Q4FY20.The company registered sales volume of growth of 0.43% to 16,40,353 ton in FY21 from 16,33,310 ton recorded in FY20, despite Covid-19 disruptions. This highlights APL Apollo s strength in maintaining its dominant leadership in structural steel tubes market and increasing its market share to 50% from 40% since March 2020, the company said in a press release.
On a sequential basis, total sales declined 10.34% last quarter from 485,579 ton reported in Q3FY21.
Shares of APL Apollo Tubes were trading 5.33% lower at Rs 1325.90 on BSE.
Welspun India rose 2.03% to Rs 82.75 after the company said that it has prepaid term loans of Rs 374.27 crore as on 31 March 2021 along with other installments which were due as on the year end on standalone basis. The weighted average interest rate of the loans prepaid by the company was 8.48% p.a., the company said in a BSE filing made after trading hours yesterday.
With this prepayment, the outstanding term loan on standalone basis as on 31 March 2021 stands at Rs 359.99 crore vis a vis Rs 1,023.57 crore as on 31 March 2020.
Welspun India is one of the largest home textile manufacturers in the world. The company offers a wide spectrum of home & technical textile products and flooring solutions.
Emami Paper Mills Ltd, Palm Jewels Ltd, Kellton Tech Solutions Ltd and Vishwaraj Sugar Industries Ltd are among the other gainers in the BSE s B group today, 17 March 2021.
Emami Paper Mills Ltd, Palm Jewels Ltd, Kellton Tech Solutions Ltd and Vishwaraj Sugar Industries Ltd are among the other gainers in the BSE s B group today, 17 March 2021.
STL Global Ltd soared 17.20% to Rs 10.29 at 12:03 IST. The stock was the biggest gainer in the BSE s B group. On the BSE, 1.22 lakh shares were traded on the counter so far as against the average daily volumes of 2308 shares in the past one month.
CL Educate Ltd, Viji Finance Ltd, Zenith Exports Ltd and MTAR Technologies Ltd are among the other losers in the BSE s B group today, 16 March 2021.
CL Educate Ltd, Viji Finance Ltd, Zenith Exports Ltd and MTAR Technologies Ltd are among the other losers in the BSE s B group today, 16 March 2021.
Patel Integrated Logistics Ltd tumbled 12.28% to Rs 20 at 14:33 IST.The stock was the biggest loser in the BSE s B group.On the BSE, 57328 shares were traded on the counter so far as against the average daily volumes of 15003 shares in the past one month.
CL Educate Ltd crashed 9.98% to Rs 90.7. The stock was the second biggest loser in B group.On the BSE, 54591 shares were traded on the counter so far as against the average daily volumes of 17000 shares in the past one month.