Grasim Industries Limited commissions projects at Rehla and Balabhadrapuram

Grasim Industries Limited has success fully commissioned the projects at the Rehla - Caustic Expansion Project and Balabhadrapuram - Commencement of Caustic production.

The ongoing expansion project at Rehla has been completed and the Company has successfully commissioned the second phase of the expansion project at Rehla (80 TPD Caustic Soda Lye), taking overall Caustic Soda Lye capacity of Rehla Unit to 550 TPD.

The Company had acquired the stalled Chlor Alkali Project of 200 TPD in the year 2019 from KPR Industries (India) Ltd situated at Balabhadrapuram, Andhra Pradesh. With systematic investments, the Company is in the process of increasing the capacity at Balabhadrapuram unit to 400 TPD of caustic soda and three value added chlorine derivatives. The Company has now successfully commissioned Phase-I of the project (70 TPD Caustic Soda Lye) at Balabhadrapuram and it is in ramp up phase.

Shares of Grasim Industries Limited was last trading in BSE at Rs. 1602.95 as compared to the previous close of Rs. 1610.70. The total number of shares traded during the day was 124958 in over 3912 trades.

The stock hit an intraday high of Rs. 1616.45 and intraday low of 1592.25. The net turnover during the day was Rs. 200581578.00.

Source : Equity Bulls

Keywords

GrasimIndustries INE047A01021 Rehla Balabhadrapuram CausticSodaLye ExpansionProject