Vidhi Specialty Food Ingredients jumps on commencing trial production at Dahej SEZ plant in Gujarat
Vidhi Specialty Food Ingredients is currently trading at Rs. 433.05, up by 8.70 points or 2.05% from its previous closing of Rs. 424.35 on the BSE.
The scrip opened at Rs. 430.00 and has touched a high and low of Rs. 436.00 and Rs. 429.50 respectively. So far 1717 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 447.30 on 23-Aug-2023 and a 52 week low of Rs. 317.15 on 15-Feb-2023.
Last one week high and low of the scrip stood at Rs. 447.30 and Rs. 411.40 respectively. The current market cap of the company is Rs. 2162.87 crore.
The promoters holding in the company stood at 64.27%, while Institutions and Non-Institutions held 0.09% and 35.64% respectively.
Vidhi Speciality Food Ingredients has commenced trial production of its new greenfield plant, having a capacity of 350 MT Per Month at Dahej SEZ in the state of Gujarat.
With this addition, the company’s overall capacity has doubled from 325 MT Per Month to 675 MT Per Month. This greenfield expansion will enable VSFIL to address the growing demand – supply gap and will result in increasing better realizations as the company has also forayed into new high margin products. This development is in line with the company’s commitment towards fostering sustainable growth and creating value for its stakeholders.
Established in 1994, Vidhi Specialty Food Ingredients (Formerly known as Vidhi Dyestuffs Manufacturing Limited) is a leading manufacturer of Superior Synthetic and Natural Food Grade Colours; providing customers with world class color solutions in applications of Foods & Beverages, Confectionaries, Pharmaceuticals, Feeds, Cosmetics, Inkjet Inks and Salt Free Color.
