Thirumalai Chemicals Limited commissions Phthalic Anhydride Plant at Dahej, Gujarat

Thirumalai Chemicals Limited has commissioned its Phthalic Anhydride plant at Dahej, Gujarat. This plant will largely cater to customers in Western India.

Key details are as below:

Capacity: 24,000 TPA.

Total Investment: Rs 135 Crores including other site infrastructure.

Mode of financing: Internal accruals and bank borrowings.

The Company has now started initial work to add significant additional capacity and more products at site.

Shares of THIRUMALAI CHEMICALS LTD. was last trading in BSE at Rs.131.75 as compared to the previous close of Rs. 129.85. The total number of shares traded during the day was 65202 in over 889 trades.

The stock hit an intraday high of Rs. 133.15 and intraday low of 129. The net turnover during the day was Rs. 8601853.

Source : Equity Bulls

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