Grasim Industries Ltd commissions 123,000 tons of Advaned Materials capacity

The Chemical Division of Grasim Industries Limited has successfully commissioned additional 123,000 tons' annual capacity of Advanced Materials (Epoxy Resins and Formulation) manufacturing capacity at Vilayat, Dist. Bharuch, Gujarat. With this expansion, the total capacity of Advanced Materials is 246,000 tons' per annum. The expansion shall facilitate the growth in speciality chemical business of the Company.

Shares of Grasim Industries Limited was last trading in BSE at Rs. 2134.40 as compared to the previous close of Rs. 2138.55. The total number of shares traded during the day was 10789 in over 1295 trades.

The stock hit an intraday high of Rs. 2142.55 and intraday low of 2115.00. The net turnover during the day was Rs. 22943363.00.

Source : Equity Bulls

Keywords

GrasimIndustries INE047A01021 CapacityExpansion Commissioned AdvancedMaterials EpoxyResins Formulation