GHCL up 7%; hits record high on environment clearance for soda ash project

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The story "GHCL up 7%; hits record high on environment clearance for soda ash project" was covered 9 hours ago by Business Standard, a news publisher based in India.

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GHCL up 7%; hits record high on environment clearance for soda ash project - Business Standard

Quick Summary:

The company’s performance going forward will be supported by planned expansion initiatives around Vacuum Salt and Bromine, which will start contributing from next year onwards, the management added.Final Hours!

Higher-than-expected increase in project cost or leverage will be a key rating sensitivity factor, CRISIL Ratings said.Nuvama slips 5% after 3.6 mn shares change hands on NSE, 0.

GHCL procures a sizeable portion of its key raw materials, such as salt (25 per cent), limestone (35 per cent) and lignite through captive sources, resulting in better control over input cost, thus supporting stable and healthy profitability.