Yasho Industries gains on commencing commercial production at Pakhajan Plant in Gujarat
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Yasho Industries is currently trading at Rs. 1806.60, up by 7.00 points or 0.39% from its previous closing of Rs. 1799.60 on the BSE.
The scrip opened at Rs. 1796.75 and has touched a high and low of Rs. 1840.75 and Rs. 1796.75 respectively. So far 3485 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2418.00 on 26-Feb-2024 and a 52 week low of Rs. 1485.55 on 10-Apr-2023.
Last one week high and low of the scrip stood at Rs. 1936.65 and Rs. 1660.00 respectively. The current market cap of the company is Rs. 2056.47 crore.
The promoters holding in the company stood at 72.33%, while Institutions and Non-Institutions held 0.13% and 27.54% respectively.
Yasho Industries has commenced commercial production at its Pakhajan Plant in Dahej District, Gujarat. Spread over 42 acres, the 20,000 MTPA unit has been set up at an approximate cost of Rs 470 crore, against the originally envisaged budget of Rs 400 crore. This increase is on account of enhanced scope of automation done to improve efficiency levels, increased capacity by around 15% and inflationary factors.
Yasho Industries manufactures performance chemicals for industries as diverse as Rubber & Latex, Food & Flavors, Perfumery, Lubricants and other Specialty applications since 1993.
