Shree Pushkar Chemicals & Fertilisers surged 9.72% to Rs 277 after the company announced that it has commenced commercial production of one of its plant with respect to Unit V after obtaining all the necessary approvals.
The company said that the pending approval from Petroleum & Explosives Safety Organisation (PESO) for its Unit V, the provisional approval which was received on 8 August, 2022 has been renewed upto 7 November, 2022. The necessary post provisional approval inspection compliances and formalities have also been completed.The Unit V is located at MIDC, Lote Parshuram, Ratnagiri district, Maharashtra. All the necessary approvals are obtained and hence it has commenced commercial production at one of its plant with respect to this unit.
The company received license for storage of the compressed gas, ethylene oxide in two numbers of pressure vessels.
Shree Pushkar Chemicals & Fertilisers is engaged in the business of manufacturing and trading of chemicals, dyes and dyes intermediate, cattle feeds, fertilizers and soil conditioner.
The company's consolidated net profit rose 7.8% to Rs 14.43 crore on a 42.4% jump in net sales to Rs 168.76 crore in Q1 FY23 over Q1 FY22.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
Great minds don’t just skim the surface, they uncover the full story.
You’ve hit your limit of {{free_limit}} free articles this month, subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
and get complimentary access to
Smart Quarterly
₹900
3 Months
₹300/Months/month
Smart Essential
₹2700
1 Year
₹225/Months/month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Unlimited access to all articles
30+ premium stories daily, handpicked by our editor
Complimentary Access to The New York Times
News, Games, Cooking, Audio
Wirecutter & The Athletic
Complimentary Access to Our e-Paper
Digital replica of our daily newspaper
Read, save, share any article
Curated Newsletters on Diverse Topics
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Smart Investment Tips
In-depth stock analysis & insights
The Smart Investor for wealth growth tips
Access to Extensive Historical Archives
Repository of articles and publications dating back to 1997
Ad-free Reading Experience
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Repository of articles and publications dating back to 1997