Nile Li-Cycle Pvt Ltd commissions Lithium ion battery recycling plant

Nile Li-Cycle Private Limited, a wholly owned subsidiary of Nile Limited, received all statutory approvals for Phase 1 of its Lithium ion battery recycling plant located at Industrial Park, Maheshwaram, Ranga Reddy (Dist), Telangana (State).

Phase 1 Operations, which involve the production of mixed metal oxide from Lithium ion batteries, commenced on 16th March, 2024.

Shares of NILE LTD. was last trading in BSE at Rs. 1259.40 as compared to the previous close of Rs. 1256.50. The total number of shares traded during the day was 2291 in over 116 trades.

The stock hit an intraday high of Rs. 1292.00 and intraday low of 1242.00. The net turnover during the day was Rs. 2882718.00.

Source : Equity Bulls

Keywords

NILE INE445D01013 NileLiCycle StatutoryApprovals Lithiumion BatteryRecyclingPlant