DCM Shriram rises on commissioning 120 MW Power Plant in Gujarat
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DCM Shriram is currently trading at Rs. 987.95, up by 3.25 points or 0.33% from its previous closing of Rs. 984.70 on the BSE.
The scrip opened at Rs. 969.95 and has touched a high and low of Rs. 995.10 and Rs. 969.95 respectively. So far 526 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1175.00 on 04-Jan-2024 and a 52 week low of Rs. 826.70 on 31-Jul-2023.
Last one week high and low of the scrip stood at Rs. 1021.65 and Rs. 969.95 respectively. The current market cap of the company is Rs. 15418.79 crore.
The promoters holding in the company stood at 66.52%, while Institutions and Non-Institutions held 11.84% and 21.63% respectively.
DCM Shriram has commissioned its captive 120 MW state-of-the-art Power Plant at its Chemical complex in Jhagadia, Bharuch Dist. Gujarat, on June 27, 2024. This project will help in driving cost efficiencies at Bharuch Complex.
Earlier, the company had commissioned its Caustic Soda Expansion Project of 850 TPD at its Chemical complex in Jhagadia, Bharuch Dist. Gujarat.
DCM Shriram runs two businesses energy intensive and agri business. The company is also the third largest manufacturer of Chlor-Alkali in the India. They have launched value added UPVC window system business under the Fenesta TM brand in India.
