India's DCM Nouvelle rises as unit starts operations at new plant

Dcm Nouvelle

04/03/2024 04:54

** Shares of DCM Nouvelle  DCMN.NS  up 4.7% at 199 rupees  
    ** Co said its specialty chemical arm has started commercial
production of the chemicals Benzylamine and Dibenzylamine in
central India's Madhya Pradesh
    ** Additionally, co stated that the new manufacturing
facility has the capacity to produce up to 11,800 metric tons
annually
    ** Stock on track for a fourth consecutive session of gains,
if trend holds
    ** DCMN stock has gained 13.8%, YTD

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))