Suraj Industries receives NOC for grain based distillery; Stock tumbles 5%

10 May 2022 , 09:56 AM

Suraj Industries Ltd has received a “No Objection Certificate” (NOC) for setting up a Grain Based Distillery for manufacture of Ethanol in Talera Block of Bundi district (Rajasthan) with a capacity of 200KL per day, from the office of Excise Commissioner, Rajasthan, Udaipur.

At around 9:58 AM, Suraj Industries was trading at Rs99.65 apiece down by Rs5.2 or 4.96% from its previous closing of Rs104.85 apiece on the BSE.

The scrip opened at Rs99.65 and has touched a high and low of Rs99.65 and Rs99.65 respectively so far today. The current market cap of the company is Rs100.05 crore.