Ambika Cotton Mills Ltd to install solar power plant at its Dindigul plant

Ambika Cotton Mills Ltd has entered into a definite proposal to install Solar Power Plant for a capacity of 8.334 MW over Roof Top at its Manufacturing Plants located at Dindigul in the State of Tamil Nadu for captive consumption at an estimated cost of Rs. 39.08 Crores, to be met out of internal accruals, in respect of which application has duly been submitted to the State Government of Tamil Nadu. The project would generate 1.157 Crore units annually on its completion.

Shares of Ambika Cotton Mills Limited was last trading in BSE at Rs. 1539.45 as compared to the previous close of Rs. 1593.50. The total number of shares traded during the day was 3919 in over 736 trades.

The stock hit an intraday high of Rs. 1593.00 and intraday low of 1535.55. The net turnover during the day was Rs. 6105987.00.

Source : Equity Bulls

Keywords

AmbikaCottonMills INE540G01014 SolarPowerPlant RoofTop Dindigul CaptiveConsumption