Rathi Udyog Ltd has announced that the Board of Directors of the Company at its meeting held on August 01, 2008, inter alia, has decided to enhance the Production capacity to 1.6 MTPA with an investment of Rs 2500 Crores.
The Board of Directors has further decided to enhance the melting capacity at Ghaziahad from existing 40,000 Tons to 75,000 Tons with an investment of approx. Rs 15 Crores.
The Stock closed the day at Rs.19.35, down by Rs.0.05 or 0.26%. The stock hit an intraday high of Rs.20.25 and low of Rs.19.
The total traded quantity was 7883 compared to 2 week average of 9725.
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