The facility will also have a grinding unit with a capacity of up to 2.50 mtpa. Additionally, an 18-megawatt power plant will be part of the new facility.
In the broader market, the BSE SmallCap index observed a slight decline of 0.18%, while the BSE MidCap index showed a modest increase of 0.23%.
He further stated that for JLR the planned expenditure is about 3.5 billion pounds, approximately ₹35,000 Crore.
The company's market capitalization has increased to ₹2.02 lakh Crore due to the jump in stock prices.
In Q4FY24, disbursements increased by 11% to ₹6,681 Crore, while yearly disbursements grew by 17% to ₹23,389 Crore.
The gross non-performing assets (NPA) ratio decreased to 3.99% from 4.37% in the same quarter of the previous fiscal year
Additionally, the steel company distributed ₹822 Crore in FY23 and a record ₹4,194 Crore in FY22.
It has also partnered with Ather Energy to create an interoperable charging network that would provide its consumers with over 2,000 outlets.
Lupin said the business is thoroughly reviewing the findings and would respond to the USFDA within the timeframe specified.
Revenue from operations rose by 32%, amounting to ₹8,564 Crore, up from ₹6,479 Crore in the corresponding quarter of the previous fiscal year.

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