Gujarat Alkalies & Chemicals is presently buying and selling at Rs. 545.Forty five, up by 4.Ninety factors or 0.91% from its previous closing of Rs. 540.Fifty five on the BSE.

The scrip opened at Rs. 543.10 and has touched a excessive and occasional of Rs. 549.10 and Rs. 539.05 respectively. So some distance 3441 stocks were traded at the counter.

The BSE organization ‘A’ inventory of face value Rs. 10 has touched a fifty two week high of Rs. 932.35 on 15-Jan-2018 and a 52 week low of Rs. 433.75 on 19-Jul-2018.

Last one week excessive and low of the scrip stood at Rs. 565.00 and Rs. 535.Fifty five respectively. The cutting-edge marketplace cap of the agency is Rs. 3994.Ninety seven crore.

The promoters conserving in the company stood at 46.28%, whilst Institutions and Non-Institutions held 9.Sixty six% and forty four.06% respectively.

Gujarat Alkalies and Chemicals has acquired an acclaim for the enlargement of present Caustic Soda Plant of Dahej Complex from 785 MTPD to 1200 MTPD and additionally set up of sixty five MW of Coal based Power Plant at Dahej at an estimated mixture value of Rs 825 crore. The Board of Directors of the enterprise in its assembly held on December 6, 2018, authorized the equal.

The Project is deliberate to move on stream in 36 months from zero date. The Projects while carried out, will contribute about Rs 480 crore in Sales of the employer on the triumphing market costs. Further, the fee of the stated assignment will be funded from inner accruals / surplus generated from inner operations and want based totally hole, if any, will be met from External Commercial Borrowings (ECB) or Rupee Term Loans.