A total of 16,668 shares were traded on the BSE. There was a pending buy order for 645 shares at the maximum price.

The stock, after rising smartly from a low of Rs 86.05 on 19 July to Rs 102.95 on 2 August, slipped to Rs 96.95 by 6 September 2006.

At the current market price of Rs 101.75, La Opala RG trades at 20.43 times its Q1 June 2006 annualized EPS of Rs 4.98.

As per reports in June, La Opala RG firmed up plans for an opal glass tableware manufacturing facility in Uttaranchal at an estimated investment of Rs 35 crore. The plant will have a production capacity of 4,000 tonnes per annum. The funds are to be raised through internal accruals and enhancement in the company's equity. It could be a public offer, or private placement, or even a bond issue. The company at present has an equity base of Rs 5.30 crore.

La Opala RG's facility is located in Jharkhand. It has a capacity to manufacture 3,500 tonnes per annum of opal glass tableware and 1,600 tonnes per annum of crystal.

While the opal glass tableware is retailed through franchises under the La Opala brand, handcrafted crystalware manufactured by the company are sold through select exclusive outlets under the Solitaire brand. The company plans to open 10 exclusive outlets during this fiscal to augment its retail presence.

La Opala RG has registered a net profit growth of 40.4%, to Rs 66 lakh for Q1 June 2006 compared to Rs 47 lakh in Q1 June 2005. Net sales during the period increased to Rs 10.52 crore from Rs 7.72 crore.