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GACL gains on inking agreement to set-up caustic soda, captive power plant

25 Jun 2015 Evaluate

GACL is currently trading at Rs. 167.50, up by 0.60 points or 0.36% from its previous closing of Rs. 166.90 on the BSE.

The scrip opened at Rs. 166.00 and has touched a high and low of Rs. 168.90 and Rs. 166.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 229.80 on 12-Sep-2014 and a 52 week low of Rs. 156.05 on 27-Mar-2015.

Last one week high and low of the scrip stood at Rs. 172.00 and Rs. 163.45 respectively. The current market cap of the company is Rs. 1,230.00 crore.

The promoters holding in the company stood at 46.28% while Institutions and Non-Institutions held 6.36% and 47.36% respectively.

Gujarat Alkalies and Chemicals (GACL) has inked an agreement with National Aluminium Company (Nalco) for setting up an integrated caustic soda plant and captive power plant at Dahej in state of Gujarat at a cost of Rs 1,789 crore. The capacity of the caustic soda plant will be 2.7 lakh tonnes per annum and that of the captive power plant will be 100 MW.

Nalco will hold 40% equity in the project, while the rest will be held by GACL, a Gujarat government owned company.

Gujarat Alkalies and Chemicals is engaged in business of manufacturing basic chemicals such as sodium cyanide, sodium ferrocyanide, chloromethanes, hydrochloric acid, caustic potash, potassium carbonate, phosphoric acid (85%) and hydrogen peroxide.

Guj. Alkalies & Chem Share Price

723.35 30.95 (4.47%)
17-Apr-2026 16:59 View Price Chart
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