Sukhjit Starch & Chemicals trades jubilantly on starting hydrogen generating plant at Punjab
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Sukhjit Starch & Chemicals is currently trading at Rs. 463.00, up by 33.20 points or 7.72% from its previous closing of Rs. 429.80 on the BSE.
The scrip opened at Rs. 459.00 and has touched a high and low of Rs. 480.00 and Rs. 445.00 respectively. So far 10155 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 617.00 on 19-Apr-2022 and a 52 week low of Rs. 218.05 on 21-Jun-2021.
Last one week high and low of the scrip stood at Rs. 480.00 and Rs. 418.00 respectively. The current market cap of the company is Rs. 724.86 crore.
The promoters holding in the company stood at 66.14% and Non-Institutions held 33.86%.
Sukhjit Starch & Chemicals has successfully commissioned Hydrogen Generating Plant from Biogas produced from biomass/process effluent at its new manufacturing unit commissioned at Phagwara in Punjab. The project appears to be 'First of its Own Kind' in India. The hydrogen produced will be captively consumed by the company, for the time being.
Sukhjit Starch & Chemicals is an agro-processing industry manufacturing starch & its derivatives i.e Liquid Glucose, Dextrose Monohydrate, Dextrose Anhydrous, Sorbitol, Modified Starches and by-products. The company has emerged as one of the largest manufacturers of the starch and its derivatives in India.
