Balkrishna Industries Ltd completes Carbon Black expansion project

The board of directors of Balkrishna Industries Limited had earlier given an update on Carbon Black & Power Plant at Bhuj. The expansion project is on track and the Company expects the commissioning of the 55,000 MTPA Carbon Black project along with Power Plant as scheduled by December, 2022. The advance Carbon black project of 30,000 MTPA is expected to be commissioned by Q4FY23.

The expansion project of 55,000 MTPA Carbon Black project & Power plant is completed on 31st December, 2022.

Shares of Balkrishna Industries Limited was last trading in BSE at Rs. 2127.65 as compared to the previous close of Rs. 2100.15. The total number of shares traded during the day was 24723 in over 2540 trades.

The stock hit an intraday high of Rs. 2160.00 and intraday low of 2106.05. The net turnover during the day was Rs. 52633956.00.

Source : Equity Bulls

Keywords

BalkrishnaIndustries INE787D01026 ExpansionProject CarbonBlack PowerPlant