{"id":19478,"date":"2020-09-03T20:22:24","date_gmt":"2020-09-03T20:22:24","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=19478"},"modified":"2020-09-03T20:22:24","modified_gmt":"2020-09-03T20:22:24","slug":"vinati-organics-mulls-capex-of-about-rs150cr-stock-ends-flat","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=19478","title":{"rendered":"Vinati Organics mulls capex of about Rs150cr; stock ends flat"},"content":{"rendered":"<p><\/p>\n<div>\n<div style=\"text-align: justify;\">\n<div style=\"display:inline; float: ;\">\n\t\t<img loading=\"lazy\" decoding=\"async\" align=\"left\" alt=\"Vinati Organics\" class=\"imgCont\" height=\"233\" src=\"https:\/\/content.indiainfoline.com\/_media\/iifl\/img\/misc\/2015-05\/12\/full\/vinati-organics-1431408512-1237300.jpg\" style=\"margin: 5px;\" title=\"Vinati Organics\" width=\"350\"\/><\/div>\n<p>\t<a href=\"https:\/\/www.indiainfoline.com\/Company\/Vinati-Organics-Ltd\/2247\">Vinati Organics Limited<\/a>, as part of its growth and expansion plans, is envisaging a Capex of about Rs150cr aimed for manufacturing 4 new specialty Chemicals and for expanding the present capacity of the PTBBA plant.<\/p>\n<p>These new products will be used in sectors like Agrochemicals, Dyes and Plastic additives, the company said in the filing.<\/p>\n<p>Further, the capex is expected to derive additional revenues of about Rs240cr and is expected to be completed during the Financial Year 20-21.<\/p>\n<p>The stock ended at Rs1,006.10, down by Rs4.1 or 0.41% from its previous closing of Rs1,010.20 on the BSE.<\/p>\n<p>The scrip opened at Rs1,009 and has touched a high and low of Rs1,022 and Rs1,005 respectively.<\/p>\n<\/div>\n<p><!--start sk\n                                                    \n\n<div>\n                                                        \n\n<div class=\"clearfix\"><\/div>\n\n\n                                                        \n\n<div class=\"col-lg-5 col-md-4 col-sm-5 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These new products will be used in sectors like Agrochemicals, Dyes and Plastic additives, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19479,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-19478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-business"],"jetpack_featured_media_url":"https:\/\/bengalnewstimes.com\/wp-content\/uploads\/2020\/09\/vinati-organics-1431408512-1237300.jpg","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/19478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19478"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/19478\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/media\/19479"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}