Ganesh Benzoplast Ltd has pre-sold 10,200 KL capacity at JNPT terminal

Ganesh Benzoplast Ltd has announced that it has pre sold 10,200 KL capacity, which represents more than 50% of the new and upcoming capacity at the JNPT terminal, through the long-term contracts, for storage and handling of liquid chemicals for customers like Deepak Fertilizers & Petrochemicals Corporation Ltd, KLJ Resources Ltd, prior to its scheduled commencement in March, 2023.

The new and upcoming special chemical grade terminal at JNPT for 17,876 KL is under construction and being constructed to meet long term demands for storing and handling specialty chemicals such as Dilute Nitric Acid etc. This ensures higher realization on per KL basis, compared to current average by over 100%.

Early-stage discussions to fulfill the balance capacity of the new terminal are in place, and would be announced soon.

Shares of GANESH BENZOPLAST LTD. was last trading in BSE at Rs. 137.80 as compared to the previous close of Rs. 140.85. The total number of shares traded during the day was 11205 in over 643 trades.

The stock hit an intraday high of Rs. 144.40 and intraday low of 136.15. The net turnover during the day was Rs. 1565235.00.

Source : Equity Bulls

Keywords

GANESHBENZOPLAST INE388A01029 PreSold Expansion Capacity JNPTTerminal