Bajel Projects Limited to expand Galvanization Capacity to 1,10,000 MTPA

Bajel Projects Limited has announced expansion project to increase Galvanization Capacity to 1,10,000 MTPA from current 40,500 MTPA which is running at 98% capacity utilization.

The proposed investment of Rs. 170 crores will be funded through Internal Accruals/Debt.

The capacity expansion is carried out to meet captive demand and sales in domestic and international market.

Shares of Bajel Projects Limited was last trading in BSE at Rs. 240.35 as compared to the previous close of Rs. 242.00. The total number of shares traded during the day was 5039 in over 117 trades.

The stock hit an intraday high of Rs. 250.00 and intraday low of 235.25. The net turnover during the day was Rs. 1209573.00.

Source : Equity Bulls

Keywords

BajelProjects PowerTransmission INE0KQN01018 CapacityExpansion GalvanizationCapacity