TGV Sraac hits 5% upper circuit on commissioning of Chloromethanes expansion project

The total production capacity of Chloromethanes has increased from 125 MTs per day to 250 MTs per day.

Nov 25, 2021 11:11 IST India Infoline News Service

Bull market presents uptrend stock market
TGV Sraac Limited stocks in fast rally after announcement of commissioning of Chloromethanes (CMS) Expansion Project.

In a regulatory filing on Wednesday the company has informed that the Chloromethanes Plant Expansion Project works are completed and the project has commissioned its commercial production on November 23, 2021.

Further, with commissioning of this expansion, the total production capacity of Chloromethanes has increased from 125 MTs per day to 250 MTs per day.

At around 11:47 AM, TGV Sraac was trading at Rs53.85 per piece higher by 4.97% on the BSE. 

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