Dynemic Products Ltd starts commercial production in Food Colors Plant at Dahej

Dynemic Products Limited has started Commercial production from 05.07.2021 in Food colors Plant at its manufacturing unit situated at Dahej, Gujarat.

The Cost of setting up the said Plant with an annual capacity of 2760 MT is appx Rs. 150 crore (including Common Utilities). The Cost of the of the Project was financed through Term Loans taken from Bankers and part of it through usage of its internal accruals.

The rationale behind this project is to serve the rising demand of Food Color products of Dynemic Products Limited and serve its customer in a better way after this addition of extra capacity at its Dahej Plant.

Shares of DYNEMIC PRODUCTS LTD. was last trading in BSE at Rs.510 as compared to the previous close of Rs. 501.25. The total number of shares traded during the day was 11903 in over 659 trades.

The stock hit an intraday high of Rs. 530 and intraday low of 503.05. The net turnover during the day was Rs. 6143023.

Source : Equity Bulls

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