Sigachi Industries Ltd receives an LOI from Grasim Industries Limited for O&M Services

Sigachi Industries Ltd has received a Letter of Intent from Grasim Industries Limited (Aditya Birla Group), for the operations and management of the three Chlorine Product Plants - SBP-48 TPD, CPW-30TPD & MCAA-20TPD. The agreement shall be for an amount of 20 crores and will be valid for a period of 3 years.

Shares of Grasim Industries Limited was last trading in BSE at Rs. 1659.35 as compared to the previous close of Rs. 1638.80. The total number of shares traded during the day was 24679 in over 1783 trades.

The stock hit an intraday high of Rs. 1669.00 and intraday low of 1637.95. The net turnover during the day was Rs. 40865203.00.

Shares of Sigachi Industries Ltd was last trading in BSE at Rs. 401.25 as compared to the previous close of Rs. 396.50. The total number of shares traded during the day was 54255 in over 2441 trades.

The stock hit an intraday high of Rs. 408.00 and intraday low of 397.10. The net turnover during the day was Rs. 21781302.00.

Source : Equity Bulls

Keywords

GrasimIndustries INE047A01021 SigachiIndustries LOI OrderWin