Bhansali Engineering Polymers (BEPL) advanced 5.23% to Rs 137.90 on BSE after the company received approval from the Madhya Pradesh Pollution Control Board for expansion for expansion of high rubber graft from 15,000 TPA to 50,000 TPA.
The company said it received nod for its Satnoor Plant located at Bhansali Nagar, Taluka Sausar, Chhindwara District in the state of Madhya Pradesh.Earlier in September 2021, the company received environmental clearance from the Impact Assessment Division of Ministry of Environment, Forest and Climate Change under the provisions of the EIA Notification, 2006.
On the BSE, 1.96 lakh shares were traded in the counter so far compared with average daily volumes of 98,354 shares in the past two weeks.
BEPL is the the lowest cost producer of ABS in India. Its customers include leading companies dealing in automobiles, home appliances, electronics, health care & kitchenware.
The company posted a 44.4% decline in consolidated net profit to Rs 75.71 crore on a 17% fall in revenue from operations to Rs 341.52 crore in Q3 FY22 over Q3 FY21.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app