Bodal Chemicals Ltd starts commercial production at new manufacturing unit

Bodal Chemicals Ltd had started commercial production of MCB on 29th December, 2023 at its new manufacturing unit at Village Saykha, Near Dahej, Gujarat. Further company has started production of other products i.e. PNCB and ONCB on 16th March, 2024. Our Lenders' Independent Engineer has visited the site on 28th March, 2024 and confirmed commencement of commercial production as above.

The company had announced earlier about the setting up a New Projects of Specialty Benzene downstream products having capacity of 63,000 MTPA at Village Saykha, Near Dahej, Gujarat.

At optimum utilization of capacity this plant has potential to achieve turnover of Rs. 320 Cr at 12% to 15% margin.

Shares of Bodal Chemicals Limited was last trading in BSE at Rs. 73.26 as compared to the previous close of Rs. 74.20. The total number of shares traded during the day was 258489 in over 2266 trades.

The stock hit an intraday high of Rs. 76.55 and intraday low of 72.65. The net turnover during the day was Rs. 19369041.00.

Source : Equity Bulls

Keywords

BodalChemicals INE338D01028 CommercialProduction Commencement NewManufacturingUnit SpecialtyBenzeneProducts