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Amal Limited spurts ~4% on commissioning Sulphuric Acid Plant

23 Aug 2022 , 03:07 PM

Amal Limited informed that its newly incorporated subsidiary, Amal Speciality Chemicals Ltd (ASCL) successfully commissions its sulphuric acid plant.

The said plant will have a 300 TPD capacity.

The sulphuric acid plant also consists of a zero liquid discharge facility.

Following this development, Amal Limited’s counter rallied nearly 9% touching an intraday high of Rs371.

At around 3.05 PM, Amal Limited was trading at Rs354.10, up by 3.96% against the previous close of Rs340.60 on BSE.

Amal Ltd is a chemical firm that manufactures and markets sulfur-based products. The facility is in Ankleshwar, Gujarat, India.

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