Mitsu Chem Plast Ltd. Announces Capacity Addition Plan Targeting Sustained Growth
Mitsu Chem Plast Ltd. has announced plans for a capacity addition to its existing operations, aiming to support sustained growth, diversify products, and meet increasing market demand.The company’s existing operational parameters and the proposed expansion are detailed below:
| Particulars | Details |
|---|---|
| Existing Capacity | 36000+ MT/Year |
| Existing Capacity Utilization | 64% for the year ended March 31, 2026 |
| Proposed Capacity Addition | 600 MT/Year |
| Period for Addition | August 2026 |
The proposed expansion involves an investment of approximately INR 107.00 lakhs, designated for the purchase of new machinery. The project will be financed through a combination of Bank Finance and Internal Accruals.
The decision to expand capacity is driven by several strategic goals, including sustaining company growth, achieving product diversification, meeting market demand, and exceeding customer expectations.
The existing capacity of Mitsu Chem Plast Ltd. stands at 36000+ MT/Year, with a utilization rate of 64% recorded for the year ended March 31, 2026. The addition of 600 MT/Year is scheduled for August 2026.
Stock Price Movement
As of 09:20, Mitsu Chem Plast Ltd. is edging higher, trading at ₹187.00, as shares climb by 3.00%. The stock has traded within an intraday range, moving between a low of ₹184.00 and a high of ₹187.95.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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