DCM Shriram Ltd approves investment of Rs. 42.40 crores

The Board of Directors of DCM Shriram Ltd at its meeting held on 3.6.2020 has, approved an investment proposal for an estimated amount of Rs.42.40 Crores to set up Country Liquor bottling plant of capacity of 11,000 cases per day at DCM Shriram Ltd. - Sugar Unit, Hariawan. The project will facilitate forward integration to our distillation capacity and also will give swing capability between ethanol & country liquor.

Shares of DCM Shriram Limited was last trading in BSE at Rs.297.25 as compared to the previous close of Rs. 299.4. The total number of shares traded during the day was 9562 in over 933 trades.

The stock hit an intraday high of Rs. 313.5 and intraday low of 291. The net turnover during the day was Rs. 2906528.

Source : Equity Bulls

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