Natural Capsules Ltd mulls further expansion of capsules manufacturing capacity

The Board of Directors of Natural Capsules Ltd in the meeting held today at their Corporate office took on the record the completion of capacity expansion of Gelatin capsules from 7.8 billion to 11.04 billion capsules per annum.

Further, the Board noted and approved capacity expansion plan to increase the manufacturing capacity to 22.08 billion capsules over a period of next 2 years at a cost of Rs 39.90 crores to be funded by internal accruals and fund raising.

Shares of NATURAL CAPSULES LTD. was last trading in BSE at Rs.178.95 as compared to the previous close of Rs. 150. The total number of shares traded during the day was 184879 in over 1495 trades.

The stock hit an intraday high of Rs. 180 and intraday low of 149.8. The net turnover during the day was Rs. 31972252.

Source : Equity Bulls

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