Ddev Plastiks commences commercial production at new XLPE unit in Rajasthan

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DDEVPLSTIK · price

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AI summary

Ddev Plastiks Industries has started commercial operations at its new XLPE and allied products manufacturing unit in Bhiwandi, Rajasthan, on 28 April 2026. The unit has an installed capacity of 48,000 MTPA and was set up with an investment of around Rs. 80 crore. The company expects the unit to generate additional revenue of approximately Rs. 500 crore, subject to market conditions and optimal capacity utilisation. All regulatory approvals have been obtained. The new unit will boost XLPE production capacity, expand geographic presence, and cater to growing customer demand.

Likely market impact

Capacity addition of 48,000 MTPA with ~Rs. 500 cr potential revenue uplift is a positive growth signal for the stock.