Sezal Glass sells float glass biz; stock up 4.8%

Sezal Glass touched an intraday high of Rs 4.30 and an intraday low of Rs 3.90. At 10:54 hrs the share was quoting at Rs 4.30, up Rs 0.20, or 4.88%.

The company has sold float glass business to Saint Gobain at Rs 686 crore, reports CNBC-TV18.

Sezal Glass current marketcap is at Rs 123 crore. Its net debt at FY11-end stands at Rs 623.6 crore.