Micro Inks commissions 100% EOU unit at Vapi

Micro Inks Ltd has announced that the Company has commercially commissioned a plant which will manufacture intermediates at 100% EOU Unit at Vapi having annual capacity of 18000 MT, with an investment of nearly Rs 275 million for captive use.

These intermediates will largely be used in offset Printing Inks and thereby it will to an extent reduce dependence on external suppliers apart from enhancing printability properties of Printing Inks.

The stock closed the day at Rs.450.10, down by Rs.20.70 or 4.40%. The stock hit an intraday high of Rs.480.50 and low of Rs.446. The total traded quantity was 2577 compared to 2 week average of 5016.

Source : Equity Bulls

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