Gujarat State Fertilizers & Chemicals Ltd had earlier announced regarding annual shutdown of Ammonia - IV & Urea-II plants at Baroda Unit. After repairs of Isothermal Shift Reactor top hemispherical head, Ammonia-IV plant is under startup and anhydrous Ammonia production is expected to start from tomorrow onwards i.e. June 13, 2019.
Ammonia-IV plant would be initially started at lower loads which would be gradually increased. Subsequently, Urea-II plant would also resume on availability of CO2 gas from Ammonia-IV plant.
Shares of GUJARAT STATE FERTILIZERS & CHEMICALS LTD. was last trading in BSE at Rs.101.8 as compared to the previous close of Rs. 101.25. The total number of shares traded during the day was 78536 in over 564 trades.
The stock hit an intraday high of Rs. 102.85 and intraday low of 100.7. The net turnover during the day was Rs. 7994890.