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Corporate
Update
 Textile
stocks continue to gain ground on improved sentiment
Driven by old economy stocks, the market continued its upward
march. The Sensex closed the week (ended May 29) 152 points higher
at 3164 points.
Yash
group: Rapidly expanding customer base
Launched in April 1999, Yash Machines is now one of the leading
manufacturers of textiles machineries, specialising in fabric inspection
& making-up machines, along with continuous expansion of new
and innovative machineries.
Grasim
may close down staple fibre plant by this month end
Grasim Industries plans to shortly reduce production at its
staple fibre plant at Nagda due to water scarcity and may have to
close it down if rains do not arrive on time.
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