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Evinix Accessories opens flat at NSE

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Source: IRIS (07 March 2007)

The shares of Evinix (Q, N,C,F)* Accessories listed on Wednesday, Mar. 07, 2007 after receiving a moderate response from the investors for its IPO.

The shares of the company opened flat at Rs 120. The shares are currently trading down by Rs 10.60, or 8.83% at Rs 109.40 after reaching a high of Rs 129. The total traded value at NSE was 1,245,087. (10.29 a.m.)

Faridabad based Evinix Accessories started its operation in 1996 as a SSI with a focus on manufacturing headgears, baseball caps and high altitude jackets using cotton textile, leather and synthetic leather mainly for exports.

Later in 1998, EAL started manufacturing and exporting fashion bags, travel bags, school bags, wallets, belts and scarves, catering to international clients. Presently, the product range of the company consists mainly of two categories, fashion accessories and fashion apparels.The major buyers of the company`s products in the domestic markets at present include Adidas India Marketing and Gokaldas India, Banglore.

Source : http://www.myiris.com

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