Ganesha Ecotech Pvt Ltd to set up Spinning Mill Project at an outlay of Rs. 230 crore

Ganesha Ecotech Private Limited (CIN: U37100UP2020PTC138065), a wholly owned subsidiary of Ganesha Ecosphere Limited has decided to set up a Spinning Mill Project at Temra, Tehsil - Bilaspur, District - Rampur (U.P.).

The estimated capital expenditure for the above project is ~INR 230.00 Crore.

With the new project, the company expects to gain competitive advantage by forward integration to Ganesha Ecosphere Ltd's product.

Shares of Ganesha Ecosphere Limited was last trading in BSE at Rs. 700.85 as compared to the previous close of Rs. 688.65. The total number of shares traded during the day was 2608 in over 500 trades.

The stock hit an intraday high of Rs. 711.55 and intraday low of 691.65. The net turnover during the day was Rs. 1826535.00.

Source : Equity Bulls

Keywords

GaneshaEcosphere INE845D01014 GaneshaEcotech ExpansionProject SpinningMill Rampur UttarPradesh