Stock Report

Rama Phosphates Ltd commences commercial production from leased unit



Posted On : 2022-01-27 13:36:53( TIMEZONE : IST )

Rama Phosphates Ltd commences commercial production from leased unit

Rama Phosphates Ltd had earlier anounced taking on lease a Manufacturing unit at Nimbahera, Chittorgarh District, Rajasthan for manufacturing of Single Super Phosphate (Powder & Granulated) with capacity of 66,000 metric tonnes per annum (MTPA) and which would enhance our total aggregate existing manufacturing capacity to 6.98 lacs metric tonnes per annum (MTPA).

The unit has obtained necessary statutory approvals and accordingly the Commercial Production has commenced with effect from January 26, 2022.

Shares of RAMA PHOSPHATES LTD. was last trading in BSE at Rs. 372.45 as compared to the previous close of Rs. 358.35. The total number of shares traded during the day was 19870 in over 636 trades.

The stock hit an intraday high of Rs. 374.75 and intraday low of 345.00. The net turnover during the day was Rs. 7276143.00.

Source : Equity Bulls

Keywords

RAMAPHOSPHATES INE809A01024 CommercialProduction SSP 66000MTPA