Poddar Pigments Ltd commences commercial production at new unit

Poddar Pigments Ltd has announced that the newly set-up manufacturing facility of the Company situated at Greater Sitapura Industrial Park, National Highway 12 (Jaipur-Tonk Road) VillageBrijpura, (Chaksu), Jaipur-303901, Rajasthan has started commercial production w.e.f. Wednesday, 23rd March 2022.

The Unit has been set up to manufacture Additive & Colour Masterbatches and Engineering Plastic Compounds and the total installed capacity will get enhanced from 14400 MTPA to 18000 MTPA for the company. However, it depends upon a particular product mix and may vary with changes in the product mix.

Shares of Poddar Pigments Limited was last trading in BSE at Rs. 283.45 as compared to the previous close of Rs. 282.60. The total number of shares traded during the day was 4237 in over 428 trades.

The stock hit an intraday high of Rs. 296.70 and intraday low of 274.50. The net turnover during the day was Rs. 1217341.00.

Source : Equity Bulls

Keywords

PoddarPigments INE371C01013 CommercialProduction NewFacility