Future & Options Calls: Manali Petrochemicals up 9%

Manali Petrochemicals up 9% on Tamil Nadu Pollution Control nod

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Shares of  Manali Petrochemicals   added nearly 9 percent intraday Wednesday on approval received from Tamil Nadu Pollution Control Board (TNPCB).

The company has received consent of TNPCB to operate the plants at higher capacity and with this the utilization of the plants is being restored to the earlier levels.

The company’s board meeting will be held on August 04, 2016, to consider the unaudited financial results for the quarter ended June 30, 2016.

At 09:24 hrs Manali Petrochemicals was quoting at Rs 36.30, up Rs 2.50, or 7.40 percent on the BSE.

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