Suraj Industries receives NOC for grain based distillery; Stock tumbles 5%

Suraj Industries Ltd has acquired a “No Objection Certificates” (NOC) for organising a Grain Based mostly Distillery for manufacture of Ethanol in Talera Block of Bundi district (Rajasthan) with a capability of 200KL per day, from the workplace of Excise Commissioner, Rajasthan, Udaipur.

At round 9:58 AM, Suraj Industries was buying and selling at Rs99.65 apiece down by Rs5.2 or 4.96% from its earlier closing of Rs104.85 apiece on the BSE.

The scrip opened at Rs99.65 and has touched a excessive and low of Rs99.65 and Rs99.65 respectively up to now as we speak. The present market cap of the corporate is Rs100.05 crore.