Rushil Decor Ltd (RUSHIL)

Rushil Decor Expands Presence in North American Market - 24 Jul, 2024

Rushil Decor is expanding its presence into the North American market, aiming to capitalize on one of the world's largest markets for laminates and MDF. The move coincides with their participation at IWF Atlanta, emphasizing their commitment to establishing a robust presence in North America. Rushil Thakkar expressed optimism about the prospects offered by the multibillion-dollar wood panel market.

Rushil Decor to Expand into North America, Aiming for Rs 2,500 Crore Revenue by FY29 - 23 Jul, 2024

Plywood and laminates firm Rushil Decor plans to expand into the North American market to achieve its revenue goal of Rs 2,500 crore by FY29. The company's stock rose around 2% after announcing this expansion at The International Woodworking Fair in Atlanta. The global MDF and laminate markets are expected to reach USD 29.69 billion and USD 11.98 billion, respectively. In FY24, Rushil Decor reported a 0.71% increase in revenues but a 45% decrease in net profits YoY.

Rushil Decor Announces Stock Split - 22 Jul, 2024

Rushil Decor has announced a stock split in the ratio of 10:1 with a record date of August 9. After the split, the new face value of each share will be Re 1.

Rushil Decor Stock Rises on Record Date Announcement - 08 Jul, 2024

Rushil Decor Ltd's stock price rose by 7% following the announcement of a record date for a 1:10 stock split. The move is expected to increase the liquidity and affordability of the stock.

Rushil Decor Announces Stock Split - 07 Jul, 2024

Rushil Decor has announced a 1:10 stock split to make its equity shares more accessible to retail investors and increase liquidity. The record date is set for August 9, 2024.