Jubilant Life Sciences to set up plant in SEZ; stock up

Jubilant Life Sciences is setting up a manufacturing plant for Symtet/TCP of 24,000 TPA capacity and Chlorinated Pyridine derivatives of 5000 TPA in Special Economic Zone at Bharuch, Gujarat.

MUMBAI: Jubilant Life Sciences is setting up a manufacturing plant for Symtet/TCP of 24,000 TPA capacity and Chlorinated Pyridine derivatives of 5000 TPA in Special Economic Zone at Bharuch, Gujarat. The company expects to achieve annual revenue of around $90 million from the facility.

The stock was at Rs 165.40, up 1.04 per cent on the NSE. It touched a high of Rs 170 and low of Rs 163.05 in trade so far.
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