India's Supreme Petrochem hits over 3-week high on capacity boost

Supreme Petrochem

30/12/2022 04:16

** Shares of polystyrene maker Supreme Petrochem Ltd
 SPTL.NS  up as much as 3.3% to 799 rupees, highest since Dec 5
    ** Co said on Thursday it increased effective expandable
polystyrene (EPS) production capacity at its Chennai plant
    ** Capacity increased from 24,000 tonnes per annum (TPA) to
33,000 TPA
    ** More than 10,000 shares change hands by 9:21 a.m. IST vs
30-day avg of ~24,400 shares
    ** Stock up 10.1% so far this year, up to last close 
 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))