Gujarat Alkalies and Chemicals starts production of Hydrazine Hydrate at Dahej plant; stock gains 1%

28 Sep 2022 , 01:28 PM

Gujarat Alkalies and Chemicals Ltd stocks in focus today as the company provided updation on Hydrazine Hydrate plant.

In a regulatory filing, the company has announced that the process for manufacturing of Hydrazine Hydrate has been started at Dahej Complex by feeding the raw materials to the process equipment on September 26, 2022.

The Finished product is expected in due course of time as the process proceeds, the company said.

At around 1:29 PM, Gujarat Alkalies & Chemicals Ltd is currently trading at Rs843.30 per share up by Rs8 or 0.96% from its previous closing of Rs835.30 per share on the BSE.

The scrip opened at Rs841.95 per share and has touched a high and low of Rs857.30 per share and Rs832.55 per share respectively so far today. The current market cap of the company is Rs6,134.44 crore.

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