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Jubilant Ingrevia surges on commissioning new Green Ethanol based food-grade Acetic Acid plant

29 Apr 2022 Evaluate

Jubilant Ingrevia is currently trading at Rs. 513.40, up by 13.90 points or 2.78% from its previous closing of Rs. 499.50 on the BSE.

The scrip opened at Rs. 505.00 and has touched a high and low of Rs. 515.50 and Rs. 501.60 respectively. So far 22115 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 877.95 on 18-Oct-2021 and a 52 week low of Rs. 328.00 on 29-Apr-2021.

Last one week high and low of the scrip stood at Rs. 515.50 and Rs. 483.05 respectively. The current market cap of the company is Rs. 8125.73 crore.

The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 11.88% and 37.02% respectively.

Jubilant Ingrevia has commissioned new Green Ethanol based food-grade Acetic Acid plant at its manufacturing facility in Gajraula, Uttar Pradesh. The plant is designed to meet the highest standards of product certifications like FSSAI, ISO 22000, Kosher, Halal, FCC Codex, etc. It will cater to the increasing demand in food preservative segment across the globe.

The food-grade Acetic Acid plant commissioned on April 28, 2022, has a rated capacity of 25,000 Tons Per Annum. The product will be manufactured from Green Ethanol which is produced from natural bio-based feedstock. This food-grade Acetic Acid is in high demand globally. It will provide a healthier option for food preservation requirements, as compared to the Acetic Acid produced through petroleum route. 

Jubilant Ingrevia, a global integrated Life Science products and Innovative Solutions provider serving, Pharmaceutical, Nutrition, Agrochemical, Consumer and Industrial customers.

Jubilant Ingrevia Share Price

732.50 -3.00 (-0.41%)
24-Apr-2026 16:01 View Price Chart
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