The order position of Worldwide Leather Exports Ltd has reduced considerably due to the world depressed economy. Also due to the steep price rise in India, competition has become even more steep. The Company has therefore decided to close its manufacturing unit at Gurgaon. Requisite notice of closure has been issued.
Shares of Worldwide Leather Exports Ltd was last trading in BSE at Rs.12.55, down by Rs.0.65. The stock hit an intraday high of Rs.12.55 and low of Rs.12.55.
The 2 week average traded quantity was 520.
Source : equitybulls.com
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