Subsidiary commissions MIBK and MIBC plant at Dahej with Rs 735 Cr capex
DEEPAKNTR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.6 pts more than Nifty Smallcap 250 and 3.1 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Deepak Chem Tech, a material wholly owned subsidiary of Deepak Nitrite, started manufacturing operations at its new Methyl Isobutyl Ketone and Methyl Isobutyl Carbinol Plant along with offsite utilities at Dahej, Gujarat on 6th August 2026. Total capital expenditure incurred is around Rs 735 Crores. The plant marks a capacity addition at the subsidiary level for these solvents.
New plant at subsidiary adds future revenue stream. Rs 735 Cr capex reflects large capacity expansion; long term growth support depends on offtake and pricing.