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GHCL to invest Rs 125 crore for purchase of land in Gujarat

25 Oct 2017 Evaluate

GHCL has received an approval for investment of not exceeding Rs 125 crore for purchase of land for its Green Field project of Soda Ash in Gujarat. The Board of Directors of the company at their meeting held on October 24, 2017 has approved the same.

GHCL is a leading producer of synthetic soda ash in India with an installed capacity of 8.5 lakh tonnes Per Annum (TPA) located in Gujarat. Over the years, it has diversified into yarn and home textile products.

Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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