Gujarat Alkalies and Chemicals commissions expansion of caustic soda plant at Dahej; Stock rises

22 Sep 2022 , 11:13 AM

Gujarat Alkalies and Chemicals Ltd has successfully commissioned expansion of Caustic Soda Plant at Dahej Complex and also started production of Caustic Soda on September 20, 2022 from newly installed facility.

As per the filing, the Board of Directors of the Company had earlier approved the expansion of Caustic Soda Plant of Dahej Complex from 785 TPD to 1310 TPD and installation of 65 MW Coal based Power Plant at Dahej Complex.

At around 11:14 AM, Gujarat Alkalies & Chemicals Ltd is currently trading at Rs893.45 up by Rs5.6 or 0.63% from its previous closing of Rs887.85 on the BSE.

The scrip opened at Rs885 per share and has touched a high and low of Rs909.15 per share and Rs885 per share respectively so far today. The current market cap of the company is Rs6,520.37 crore.

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