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Ambuja Cements, Lupin and Bajaj Auto to see some action today

Ganesh Benzoplast Ltd. | Chemicals | Chemicals & Fertilizers | BSE: 500153 | NSE: GANESHBE

18 Feb 2022 Evaluate

Ambuja Cements has announced an investment of Rs 3,500 crore for expansion of its cement grinding capacity. The board of company has approved in principle an investment of Rs 3,500 crore for a cement grinding expansion plan of potential 7.0 million tonnes across its existing grinding units at Sankrail and Farakka and at a greenfield (fresh) location at Barh, in Bihar.

Lupin has received approval from the US health regulator for its supplemental New Drug Application (sNDA) for usage of its antibiotic Solosec in adolescents for treatment of both bacterial vaginal infection in females and sexually transmitted infection, trichomoniasis.

Bajaj Auto is looking to double the network for its electric scooter Chetak in the coming weeks to cater to the increased demand for the offering. Bajaj Auto, which brought back its iconic scooter brand in the electric version in October 2019, has already added 12 new cities in the network in the first six weeks of 2022.

Ashok Leyland is eyeing a strong comeback in the commercial vehicle segment this year as it looks to consolidate its position in the intermediate commercial vehicle (ICV) segment and reap benefits of enhanced demand for its modular AVTR range.

Birla Corporation has raised Rs 150 crore by allotment of 1500, (AA) rated, listed, secured, redeemable Non Convertible Debentures (NCDs) of Rs 10 lakh each on private placement basis. The tenure of the said NCDs is 5 years from the deemed date of allotment with maturity on 17th February, 2027. The NCDs will be listed on BSE.

Ganesh Benzoplast’s wholly owned subsidiary -- GBL Clean Energy has acquired 26% stake in Bluebrahma Clean Energy Solutions, which is newly incorporated company and in the Business of ethanol and other clean energy Fuels. With this acquisition, Bluebrahma Clean Energy Solutions is the step-down associate company of Ganesh Benzoplast.

Mahindra & Mahindra (M&M) has signed a Share Purchase Agreement (SPA) for acquiring not more than 21,875 Equity Shares of Rs 10 each at a premium of Rs 3,192.23 per Equity Share from the existing shareholders of M.I.T.R.A. Agro Equipments (MITRA), an Associate of the Company. The shareholding of the company in MITRA would stand increased to 47.33% (on a fully diluted basis) from the present 39.02% (on a fully diluted basis) upon completion of the captioned transaction.

Ganesh Benzoplast Share Price

99.04 1.40 (1.43%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
BASF India	3703.10
Tata Chemicals	709.05
SRF	2493.65
Pidilite Inds.	1393.25
Deepak Nitrite	1538.00
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Ambuja Cements, Lupin and Bajaj Auto to see some action today

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