Mitsu Chem Plast surges on expanding manufacturing capacity to support sustainable growth
Mitsu Chem Plast is currently trading at Rs. 157.50, up by 3.95 points or 2.57% from its previous closing of Rs. 153.55 on the BSE.
The scrip opened at Rs. 155.00 and has touched a high and low of Rs. 157.50 and Rs. 153.00 respectively. So far 8609 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 175.40 on 11-May-2026 and a 52 week low of Rs. 80.30 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 159.00 and Rs. 148.80 respectively. The current market cap of the company is Rs. 210.59 crore.
The promoters holding in the company stood at 67.79%, while Non-Institutions held 32.21% stake in the company.
Mitsu Chem Plast has further expanded its manufacturing capacity by 3,550 MT per year. The capacity addition is aimed at supporting the company’s sustained growth, product diversification and ability to meet increasing customer demand. The proposed capacity addition marks another important step in Mitsu Chem Plast’s ongoing expansion strategy. By increasing its manufacturing capacity, the company aims to strengthen its ability to cater to growing demand across its diversified customer base and support its long-term growth plans.
With existing capacity utilization at 64%, the planned expansion will provide additional manufacturing headroom, enabling the company to respond efficiently to increasing market requirements while supporting opportunities for product diversification. The investment in new machinery is expected to enhance the company’s manufacturing capabilities and strengthen its operational platform.
The capacity addition will further enable Mitsu Chem Plast to serve its OEM customers across sectors including chemical, pharmaceutical, agrochemical, healthcare, infrastructure and allied industries, while supporting the company’s focus on delivering quality products and meeting evolving customer requirements.
