IOL Chemicals and Pharmaceuticals Ltd's Acetic Anhydride Plant goes on stream

IOL Chemicals and Pharmaceuticals Limited has commenced its Plant for Acetic Anhydride with effect from 11th June 2023, that shall be used for Captive Consumption as well as Merchant Sale.

The plant capacity is 25,000 MTPA and the investment incurred for the said plant is Rs. 53 crore which was funded through internal accruals.

Shares of IOL Chemicals and Pharmaceuticals Limited was last trading in BSE at Rs. 453.45 as compared to the previous close of Rs. 451.55. The total number of shares traded during the day was 86392 in over 2961 trades.

The stock hit an intraday high of Rs. 456.80 and intraday low of 438.00. The net turnover during the day was Rs. 38495445.00.

Source : Equity Bulls

Keywords

IOLChemicalsandPharmaceuticals INE485C01011 AceticAnhydridePlant Commissioned CaptiveConsumption MerchantSale