Stock Report

Kesar Enterprises Ltd updates on Distillery expansion



Posted On : 2022-02-12 09:57:33( TIMEZONE : IST )

Kesar Enterprises Ltd updates on Distillery expansion

The Board of Directors of Kesar Enterprises Ltd at their meeting held on 12.11.2021, had considered and approved a proposal for expansion of the Company's Distillery capacity to 80KLPD Multi Pressure Distillation plant from existing capacity of 45KLPD as well as modernisation of the plant.

The Company has started making progress on the above-mentioned proposed expansion and modernisation, which may take another 6-7 months approximately to complete. The Board of Directors, at their meeting held on 09.02.2022, also took note of progress made in this regard.

Shares of KESAR ENTERPRISES LTD. was last trading in BSE at Rs. 105.60 as compared to the previous close of Rs. 109.45. The total number of shares traded during the day was 7410 in over 117 trades.

The stock hit an intraday high of Rs. 110.00 and intraday low of 91.35. The net turnover during the day was Rs. 775478.00.

Source : Equity Bulls

Keywords

KESARENTERPRISES INE133B01019 Distillery Expansion Modernisation