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Vidhi Specialty: Environment clearance gives much-needed shot in the arm

Vidhi Specialty is looking to ramp up its capacity from the current 270-300 tonnes per month to more than 1,000 tonnes

December 07, 2020 / 06:26 PM IST
Vidhi Specialty: Environment clearance gives much-needed shot in the arm

V2 Retail: Bennett Coleman & Company sold another 4.5 lakh shares in company at Rs 97.5 per share on the BSE.

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

Highlights - GPCB grants environment clearance for Dahej project - Dahej plant paves way for 4,320 tonne food colour capacity addition - Overall capex plan aims to increase capacity 3x plus; EC at Roha awaited - Lean balance sheet provides scope to fund capex, if required - Valuation doesn’t capture medium-term opportunity Vidhi Specialty Food Ingredients (CMP: Rs 122, Market Cap: Rs 610 crore) has got the much-awaited environment clearance from Gujarat Pollution Control Board (GPCB) for setting up a plant in Dahej SEZ. As the company had been...

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