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Shares of Rossari Biotech rallied 9 per cent to Rs 1,199 on the BSE in intraday trade on Wednesday. This is also the stock s highest level since listing on the bourses on July 23 last year. It surpassed its previous high of Rs 1,145.65, hit on February 19. Thus far in the month of April, the specialty chemicals company s stock has soared 16 per cent in the four trading days, after the company announced full commissioning of its Greenfield manufacturing facility at Dahej, Gujarat. The Greenfield facility will have a total installed capacity 132,500 MTPA, enhancing the total capacity of Rossari by 2.1x to 252,500 MTPA. A strong upcoming pipeline of new product launches and new business lines within the four core chemistries should enable the Company to sustainably ramp-up utilization levels at the Dahej unit over the next 3-4 years, Rossari Biotech said in a press release.

Ramesh siyaniArpit khandelwalMutual fundMalabar select fundIndia acorn fundMalabar india fundRossari biotechஆர்பிட் கண்டெழுவாள்பரஸ்பர நிதிமலபார் தேர்ந்தெடுக்கவும் நிதிஇந்தியா அகன் நிதிமலபார் இந்தியா நிதி