Mumbai, March 12 -- Carysil added 1.84% to Rs 514.80 after the company announced that it has entered into an agreement with KARRAN INC., USA, for the supply of Quartz kitchen sinks to fulfill requirements of new major U.S. home retail chain.

As per the terms of the agreement, Carysil will dedicate the production of minimum capacity of 150,000 Quartz sinks per annum, commencing in May-2025 for this new customer.

To support this commitment, the company would make an initial investment of $510,000 in molds, machinery and utilities.

Carysil is involved in the manufacturing of granite-based kitchen sinks, which are referred to as 'composite quartz sinks'. The company also manufactures stainless-steel kitchen sinks to primarily cater for the...