SRF Limited has moved higher by 5% at Rs 232 after the company said it has commissioned and capitalized projects at Dahej, Gujarat at an aggregate cost of Rs 250 crore.
The projects consisting of flexible multipurpose plant for production of fluorochemicals, intermediate specialty plant; and first phase of captive power plant with a capacity of 4 MW at Dahej (Gujarat) at an aggregate cost of Rs 250 crore (approximately) have been commissioned and capitalized on July 01, 2012,” SKF said in a filing.
The stock opened at Rs 223 and touched high of Rs 236 on the National Stock Exchange. A combined 135,946 shares have already changed hands on the counter till noon deals, against an average sub 25,000 shares that were traded daily in past two weeks.
