Rei Agro up 1.5% on retail chain launch

MUMBAI : Shares of Rei Agro gained nearly 1.5 per cent on launching its retail chain ‘6Ten’ in Punjab and Haryana. The company started its operations and opened five stores in Chandigarh, Mohali and Punchkula.

The retail chain comprises of over 35 outlets in NCR and other backend facilities including processing and packing units. The company plans to open over 50 stores across Punjab and Haryana in the next one year.

At 12.38 PM Rei Agro shares were up 1.34 per cent at Rs.343.40 on BSE, with volume traded at 80,891 against two-week average of 1,53,880 shares.