India's GHCL jumps on board nod for salt field capex

GHCL

27/11/2024 09:40

** Shares of GHCL  GHCH.NS  rise 5.3% to 605.9 rupees, set
for their best day in nearly a month    
    ** Industrial salt and soda ash manufacturer approves
additional capex of 3.5 billion rupees ($41.5 million) for
development of a salt field in the Indian state of Gujarat
    ** GHCH on track to rise for fourth straight session,
gaining ~9% in the period          
    ** Stock swings to YTD gains after day's move, last up ~4%
so far in 2024


($1 = 84.4200 Indian rupees)

 (Reporting by Nishit Navin)
 ((nishit.navin@thomsonreuters.com;))