Balaji Amines Limited updates on Ammonia Supply

Balaji Amines Limited had earlier announced regarding the disruption in the supply of Ammonia and the consequent impact on its manufacturing operations due to the ongoing geopolitical conflict in the Middle East, the plants have been placed in a partially non-operational phase.

The global ammonia supply chain remains dynamic due to the ongoing West Asia conflict, availability has started improving, enabling the company to gradually restart the production of Ammonia based products, including Methylamines, Ethylamines, and their derivatives.

The Company continues to closely monitor the situation and remains in active discussion with alternative suppliers to ensure long-term stability in the procurement of raw materials.

Shares of Balaji Amines Limited was last trading in BSE at Rs. 1308.70 as compared to the previous close of Rs. 1250.20. The total number of shares traded during the day was 16614 in over 1165 trades.

The stock hit an intraday high of Rs. 1338.00 and intraday low of 1268.10. The net turnover during the day was Rs. 21806560.00.

Source : Equity Bulls

Keywords

BalajiAmines INE050E01027 SpecialtyChemicals Ammonia SupplyUpdate