INDIA, Nov. 26 -- During Wednesday's trading session, shares of a company engaged in the business of textiles and sugar surged nearly 8 percent on the stock exchanges, after the company's Board approved the closure of its spinning unit in Bhiwadi, Rajasthan

At 10:50 a.m., shares of Nahar Industrial Enterprises Limited were trading in the green at Rs. 115.9 on BSE, up by around 3.5 percent, as against its previous closing price of Rs. 112, with a market cap of Rs. 501 crores. The stock has delivered negative returns of around 12 percent in one year, but has gained by more than 1 percent in the last one month

What's the News The Board of Nahar Industrial Enterprises Ltd., as per recent regulatory filings, has approved the closure of its s...