Tata Chemicals invests ₹910 cr for capacity expansion
pre-market1 source ↓written by the desknot a recommendation
- investment to expand
- ₹910 crore
- for dense soda
- ₹135 crore
- for precipitated silica
- ₹775 crore
- shares closed
- 1.09%
- on BSE
- ₹809.95
Tata Chemicals has approved a ₹910 crore investment to expand manufacturing capacities at its Mithapur and Cuddalore plants. This includes ₹135 crore for dense soda ash at Mithapur and ₹775 crore for precipitated silica in Cuddalore. The investment aims to enhance production capabilities amid growing demand.
This expansion may boost operational efficiency and strengthen market position, although shares closed down 1.09% at ₹809.95 on BSE.
Not investment advice. For informational purposes only.