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Square Fashion buys cotton worth $0.38m from Indian firm

Published : Thursday, 4 June, 2020 at 12:00 AM  Count : 108
Business Correspondent

Bangladesh's Square Fashion Yarns Limited placed an order to Axita Cotton Limited of India based in Kadi, Gujarat for buying cotton worth $382,110, industry sources said.
Square has over 12 years of experience in yarn spinning and is one of the leading producer of knitting and weaving yarns in Bangladesh. Today it has one of the most sophisticated vertically integrated set-ups by which we are producing 90,000 kg of yarns every day.
Shares of Axita Cotton Ltd was last trading in BSE (Bombay Stock Exchange) at Rs.39.5 as compared to the previous close of Rs. 40. The total number of shares traded during the day was 4000 in over 1 trades.
The stock hit an intraday high of Rs. 39.5 and intraday low of 39.5. The net turnover during the day was Rs. 158000, according to Indian media.

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