Mangalam Organics Limited to double Camphor production capacity to 10,000 MTPA

As a part of modernizing and continuously deploying new technologies at the Company's manufacturing facility located at Kumbhivali village, Maharashtra Mangalam Organics Limited has commissioned new Steam Boilers and Thermopac. Consequent upon the developments as above, the Company will now be able to produce 10,000 MT per annum of Camphor from present capacity of 5,000 MT per annum with effect from January, 2022. The above technological improvements and developments have been financed through Internal Accruals.

Shares of Mangalam Organics Limited was last trading in BSE at Rs. 795.15 as compared to the previous close of Rs. 767.60. The total number of shares traded during the day was 65629 in over 1950 trades.

The stock hit an intraday high of Rs. 814.00 and intraday low of 770.00. The net turnover during the day was Rs. 51943659.00.

Source : Equity Bulls

Keywords

MangalamOrganics INE370D01013 Camphor SteamBoilers