Oriental Trimex Ltd has announced that the Company has planned to open 50 showrooms cum marble retailing outlets via the Franchisee model across the country by 2010-2011 under the registered brand name Rare Earth, through which the Company’s marble products would be marketed / sold.
The initial 10 showrooms are planned in Punjab & Haryana and the same are to be set up during 2009-10.
The stock closed the day at Rs.6.34, down by Rs.0.24 or 3.65%. The stock hit an intraday high of Rs.7 and low of Rs.6.34.
The total traded quantity was 3009 compared to 2 week average of 6096.