Announced Sat, 3 Oct, 2026 · 16:50 IST
Trial production begins at new Asoda plant; resin capacity to rise over 2.6x
Price
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Price reaction · full curve 14 horizons · vs prior close
-2.0%1-day move
₹119.40
prior close
₹125.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4+0.0-1.6+0.0-2.0-4.4-8.3———————
Up moveDown movePending
AI summary
Amtech Esters has started trial production at its new 4,800 MTPA Unsaturated Polyester Resins plant in Asoda, Haryana. Once commercial operations begin, total resin capacity will rise from 2,960 to 7,760 MTPA, an increase of more than 2.6 times. The project was funded through internal accruals, as already disclosed in the company's DRHP and prospectus.
Likely market impact
Major capacity expansion supports future revenue growth; funded internally so no debt burden, though near-term margin pressure is possible during ramp-up.