SRF commissions expansion project worth Rs446 crore; Stock down 1%

29 Aug 2022 , 09:47 AM

SRF Limited had earlier announced to the exchanges regarding approval for a project for setting-up of a second BOPP Film Line & Metallizer at Indore at an estimated cost of Rs424 crore.

As per the filing, now the project has been commissioned and capitalized on August 25, 2022 at an aggregate cost of Rs446 crore. (approx.)

On Monday, at around 9:49 AM, SRF Ltd is currently trading at Rs2,370.60 per share down by Rs30.15 or 1.26% from its previous closing of Rs2,400.75 per share on the BSE.

The scrip opened at Rs2,320.05 per share and has touched a high and low of Rs2,380.45 per share and Rs2,320.05 per share respectively so far today. The current market cap of the company is Rs71,164.19 crore.

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