Aether Industries shines on planning to commission 15 MW solar power project in Gujarat
Aether Industries is currently trading at Rs. 887.15, up by 32.60 points or 3.81% from its previous closing of Rs. 854.55 on the BSE.
The scrip opened at Rs. 886.95 and has touched a high and low of Rs. 890.20 and Rs. 858.00 respectively. So far 3535 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1210.80 on 22-Jun-2023 and a 52 week low of Rs. 778.00 on 30-Nov-2023.
Last one week high and low of the scrip stood at Rs. 894.65 and Rs. 814.95 respectively. The current market cap of the company is Rs. 11796.97 crore.
The promoters holding in the company stood at 81.79%, while Institutions and Non-Institutions held 13.78% and 4.43% respectively.
Aether Industries is planning to commission a 15 MW solar power project (Auto-Tracker Modules) under the Captive Power Producer (CPP) segment in the Bharuch district of Gujarat with an aim to become more sustainable. Earlier, in July 2023, the company had commissioned a 16 MW solar power project (Fixed Modules) under the CPP segment and this new solar power plant under CPP will add to its renewable energy sources and further move towards sustainability. The solar power farm will be in Gujarat's Bharuch District and spread across 60 acres.
Aether Industries is a specialty chemicals manufacturer in India focused on producing advanced intermediates and specialty chemicals involving complex and differentiated chemistry and technology core competencies.
