Sukhjit Starch & Chemicals to expand capacity at Gurplah unit

Sukhjit Starch & Chemicals Ltd has undertaken expansion / balancing of its plants located in Gurplah, (Himachal Pradesh). This will result in increasing Maize Grind capacity of the unit from 150 TPD to 300 TPD and that of Liquid Glucose / Maltose plant from 50 TPD to 80 TPD.

The said programme will entail a Capex of about Rs. 25 Crores which will be partly met by way of a Term Loan of Rs. 15 Crores and balance from the internal accruals of the Company.

The Sukhjit Starch & Chemicals Ltd stock was trading at Rs.243.70, down by Rs.2.25 or 0.91%. The stock hit an intraday high of Rs.2479.5 and low of Rs.242.

The total traded quantity was 290 compared to 2 week average of 5112.

Source : Equity Bulls

Keywords