SRF to set up 300 MTPA production capacity of P38 at Dahej

The Board of Directors of SRF Limited at its meeting held on January 25, 2022 has approved project to setup a dedicated facility to produce 300 MTPA of P38 at Dahej at an aggregate cost of Rs. 61 Crores.

The proposed capacity addition of 300 MTPA will be added by June 30, 2022, to meet the demand from existing customers. The investment for the proect will be raised through a mix of debt and internal accruals.

Shares of SRF Limited was last trading in BSE at Rs. 2467.70 as compared to the previous close of Rs. 2369.30. The total number of shares traded during the day was 71634 in over 8658 trades.

The stock hit an intraday high of Rs. 2524.40 and intraday low of 2293.00. The net turnover during the day was Rs. 173334000.00.

Source : Equity Bulls

Keywords

SRF INE647A01010 ExpansionProject P38 Dahej