J G Chemicals Limited purchases land at Dahej, Gujarat

J.G.Chemicals Limited has purchased a piece of Land admeasuring more or less 11.43 Acres situated at Dahej Petroleum, Chemicals and Petrochemicals Investment Region, Gujarat at a cost of Rs.24.05 Crores, excluding Taxes, Levies & Registration Charges for future expansion.

This Investment is aimed at expanding the Company's zinc chemicals and other sustainable recycling product portfolio. It marks JGC's entry into the West India market and is an important strategic step for the Company's growth. Further details of the project will be announced in due course.

Shares of J G Chemicals Limited was last trading in BSE at Rs. 346.20 as compared to the previous close of Rs. 338.30. The total number of shares traded during the day was 8360 in over 592 trades.

The stock hit an intraday high of Rs. 352.30 and intraday low of 337.40. The net turnover during the day was Rs. 2868078.00.

Source : Equity Bulls

Keywords

INE0MB501011 JGChemicals SpecialtyChemicals LandPurchase Dahej Gujarat