Hanung Toys signs USD 50 million export contract
Hanung Toys signs USD 50 million export contract >Hanung Toys and Textiles signed export order tie-up with a leading US buyer for exporting home furnishing to the extent of USD 50 million or about Rs 2 billion to be completed by December 2009. This agreement will bring greater strength and better revenue to the company. Further the company has informed that the company has so far signed long term export contracts to the tune of USD 265 million or about Rs 10.60 billion.
Shares of the company declined Rs 4.1, or 2.59%, to settle at Rs 154.3. The total volume of shares traded was 55,191 at the BSE.(Monday)
