Mazda stock gains on commencement of production at new factory of food division

14 Jul 2022 , 12:07 PM

Mazda Ltd has announced in a  regulatory filing on Thursday regarding commencement of initital phase of production at new factory.

The Company has constructed a new factory for Food Division situated at Changodar, Ahmedabad, Gujarat and commenced initial phase of production, said company in a regulatory filing.

On Thursday at around 12:11 PM, Mazda was trading at Rs574.90 per share up by Rs4 or 0.7% from its previous closing of Rs570.90 per share on the BSE.

The scrip opened at Rs576.40 and has touched a high and low of Rs582.75 and Rs574.90 respectively so far today. The current market cap of the company is Rs228.65 crore.