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Indo Count rises 4% after acquiring Modern Home Textiles
short by / on Monday, 14 October, 2024
Indo Count Industries Ltd, operating in the home textiles and bedding industry with a product portfolio including bed sheets, fashion bedding, utility bedding, and institutional bedding, rose by up to 4%. The rise followed its acquisition of a 100% stake in Modern Home Textiles, Inc., a utility bedding manufacturer, for $11.7 million through its subsidiary.
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