Graphite India Ltd approves capex proposal for 35 MW hybrid renewable power plant

The Board of Directors of Graphite India Ltd have approved capex proposal for a 35 Mega Watt Hybrid (Wind and Solar) renewable power plant to supply captive power to the electrode plant in Satpur, Nashik. Estimated project completion period is 10 to 12 months from signing of the Letter of Intent.

Shares of Graphite India Limited was last trading in BSE at Rs. 524.70 as compared to the previous close of Rs. 517.00. The total number of shares traded during the day was 5845 in over 347 trades.

The stock hit an intraday high of Rs. 526.50 and intraday low of 517.05. The net turnover during the day was Rs. 3064786.00.

Source : Equity Bulls

Keywords

GraphiteIndiaLimited INE371A01025 Capex RenewablePowerPlant