Mafatlal Industries surges on initiating installation of ground-mounted solar PV power plant at Nadiad Unit
Mafatlal Industries is currently trading at Rs. 161.00, up by 4.95 points or 3.17% from its previous closing of Rs. 156.05 on the BSE.
The scrip opened at Rs. 157.50 and has touched a high and low of Rs. 162.80 and Rs. 156.50 respectively. So far 32167 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 210.00 on 20-Dec-2024 and a 52 week low of Rs. 111.50 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 162.80 and Rs. 150.00 respectively. The current market cap of the company is Rs. 1163.92 crore.
The promoters holding in the company stood at 69.45%, while Institutions and Non-Institutions held 0.88% and 29.66% respectively.
Mafatlal Industries has initiated the installation of a 4 MWp (DC) ground-mounted solar photovoltaic (PV) power plant at its Nadiad Unit for captive consumption. Upon successful implementation, the solar power plant is expected to bring notable savings in power cost for the manufacturing unit. This initiative reflects the company’s commitment towards environmental sustainability by contributing to green energy generation and reducing carbon footprint.
Mafatlal Industries is engaged in manufacture of textiles and textile chemicals.
