Bhansali Engineering Polymers Ltd updates on capacity expansion

The Brown Field ABS Expansion Project at Bhansali Engineering Polymers Ltd's existing plants at Abu Road (Rajasthan) & Satnoor (Madhya Pradesh) for enhancing overall ABS production capacity to 200,000 TPA is moving at slow pace on account of the ongoing Covid-19 pandemic and International Travel restrictions. The Company anticipates the current situation to improve in the next few months. Even if the existing situation improves by end on March 2022, the Company shall be in a position to implement the project by December, 2024.

Shares of Bhansali Engineering Polymers Limited was last trading in BSE at Rs. 178.55 as compared to the previous close of Rs. 178.20. The total number of shares traded during the day was 81021 in over 2255 trades.

The stock hit an intraday high of Rs. 181.00 and intraday low of 176.75. The net turnover during the day was Rs. 14478803.00.

Source : Equity Bulls

Keywords

BhansaliEngineeringPolymers INE922A01025 BEPL CapacityExpansion