India Glycols surges 16% in 3 days; to commission new unit by May 15

India Glycols informed that post successful installation of grain based distillery unit at Gorakhpur, trial runs are in progress and the same would be commissioned by May 15, 2022.

Shares of India Glycols hit a record high of Rs 1,112, on rallying per cent on the BSE in Friday’s trade on the back of near three-fold jump in trading volume. In the past three days, the stock of the commodity chemicals company has surged 16 per cent after an update on the grain based distillery units.

At 10:38 am; India Glycols traded 8 per cent higher at Rs 1,094, as compared to a 0.39 per cent rise on the S&P BSE Sensex. A combined 620,000 equity shares changed hands on the NSE and BSE.

On Wednesday, March