Vesuvius India Limited approves capex proposal of Rs. 87.70 crores

The Board of Directors of Vesuvius India Limited at its meeting held today, i.e., July 26, 2023, has, approved a proposal for a Capex of approx. INR 8770 Lakhs (to be funded through internal accruals) for setting up a new plant for manufacturing of Monolithics Refractory at Anakapalli (Visakhapatnam), Andhra Pradesh.

Shares of Vesuvius India Limited was last trading in BSE at Rs. 2682.25 as compared to the previous close of Rs. 2616.35. The total number of shares traded during the day was 1489 in over 620 trades.

The stock hit an intraday high of Rs. 2721.90 and intraday low of 2632.35. The net turnover during the day was Rs. 3998489.00.

Source : Equity Bulls

Keywords

VesuviusIndia INE386A01015 Capex Proposal