Chemfab Alkalis Ltd receives nod for expansion of OPVC Pipes division at Sri City

Chemfab Alkalis Ltd has received Consent to Establish (CTE) for its OPVC Pipes division located at Sri City enhancing the production capacity from the existing 20 Tonnes Per Day ("TPD") to 65 TPD, with this the company can enhance its operations from 2 production lines to 7 production lines.

The company will be commissioning the third production line by May'24 and the fourth production line by July'24. Further 3 production lines are planned to be added in Financial Year 2025-2026.

Shares of Chemfab Alkalis Limited was last trading in BSE at Rs. 422.20 as compared to the previous close of Rs. 431.50. The total number of shares traded during the day was 3652 in over 330 trades.

The stock hit an intraday high of Rs. 436.00 and intraday low of 418.60. The net turnover during the day was Rs. 1563977.00.

Source : Equity Bulls

Keywords

ChemfabAlkalis INE783X01023 ConsentToEstablish OPVCPipesDivision SriCity CapacityExpansion