DCM Shriram shines on commissioning additional captive power generation capacity at Bharuch plant

10 Nov 2016 Evaluate

DCM Shriram is currently trading at Rs. 228.50, up by 9.90 points or 4.53% from its previous closing of Rs. 218.60 on the BSE.

The scrip opened at Rs. 245.00 and has touched a high and low of Rs. 245.00 and Rs. 227.30 respectively. So far 6144 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 286.45 on 25-Oct-2016 and a 52 week low of Rs. 107.00 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 253.95 and Rs. 204.40 respectively. The current market cap of the company is Rs. 3550.42 crore.

The promoters holding in the company stood at 63.87%, while institutions and non-institutions held 12.12% and 24.00% respectively.

DCM Shriram has commissioned additional captive power generation capacity at its Chlor-alkali unit in Bharuch (Gujarat). The total coal based captive power generation at the Bharuch (Gujarat) unit now stands at 115 MW. The increased power generation capacity will meet the power requirements of its Chloro-alkali unit at Bharuch (Gujarat) wherein the expansion of Chlor-alkali capacity to 1013 TPD was completed in October 2016.

DCM Shriram is a leading business conglomerate with a group turnover of Rs 6,050 crore. The business portfolio of the company comprises primarily of Agri-Rural Business viz. Urea & SSP fertilizers, Sugar, Farm inputs marketing such as DAP, Crop care Chemicals, Hybrid Seeds, and Chlor-Vinyl Business.

DCM Shriram Share Price

1251.65 -40.50 (-3.13%)
22-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
Grasim Industries 2597.55
DCM Shriram 1251.65
Birla Corporation 1102.45
Surya Roshni 565.00
3M India 30706.75
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