Dharamsi Morarji Chemicals rallies over 4% on commissioning of new 350 TPD Sulphuric Acid Plant at Dahej

25 Jan 2022 , 12:08 PM

Dharamsi Morarji Chemicals Co Ltd stocks rally despite bearish bandwagon of markets on Tuesday after the company announced the commissioning of new 350 TPD Sulphuric Acid Plant on January 24, 2022 at Dahej Factory / Unit.

At around 12:07 PM, Dharamsi Morarji Chemicals was trading at Rs361.80 per share up by Rs15 or 4.33% against previous closing of Rs346.80 per share on the BSE.

The scrip opened at Rs347 per share and has touched a high and low of Rs362.80 per piece and Rs336.70 per piece respectively. The current market cap of the company is Rs864.92cr.

The Company offers speciality chemicals and commodity chemicals. Today, it is a multi-product, multi-locational organisation which has emerged as the single largest manufacturer of SSP in the country and a major producer of heavy chemicals.