Kemistar Corporation Ltd updates on capex at Dahej

K P International Private Limited, Wholly owned subsidiary of Kemistar Corporation Limited has constructed the new factory building & ETP at Dahej Plant in Gujarat.

Kemistar Corporation Limited, the BSE listed (531163) leading Specialty Chemicals in the intermediates, dyes, Agro Chemicals and allied Manufacturing Products announced the construction of new factory building with 15000 sq feet at Dahej, Gujarat along with 100 KLPD Capacity effluent treatment plant. The Production will be started as and when new machinery is installed.

The Capex incurred for the new factory is approx Rs. 7 Crores mix of debt and internal accruals. This expansion will enhance the Production capacity of the Company.

Shares of Kemistar Corporation Limited was last trading in BSE at Rs. 40.13 as compared to the previous close of Rs. 39.84. The total number of shares traded during the day was 8282 in over 73 trades.

The stock hit an intraday high of Rs. 41.00 and intraday low of 39.60. The net turnover during the day was Rs. 331593.00.

Source : Equity Bulls

Keywords

KemistarCorporation INE971L01029 SpecialtyChemicals Capex KPInternational NewFactory ETP DahejPlant