NRAILNSEN R Agarwal Industries LimitedMediumPositive
Announced Tue, 12 May · 19:26 IST

N R Agarwal Industries Limited has informed the Exchange about the update on new Multilayer Board plant (Unit VI).

Major Capex Above 10pct NetworthCapex & Operations View source PDF

NRAIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.9%1-day move
₹476.10
prior close
₹500.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-2.0-2.3-3.5-1.9-4.2-2.4-2.5-2.8-4.2-1.9-6.4-5.0
Up moveDown movePending
AI summary

N R Agarwal Industries is scaling up its upcoming multilayer board plant (Unit VI) at Dahej, Gujarat. The capacity of the imported paper machine is being upgraded from 1,020 TPD to 1,500 TPD (~42,000 MT per month). A foreign consultant has been appointed for project execution, and the environmental clearance process has begun. The project cost has been revised to approximately ₹1,500 crores, and land requirement is now ~150 acres. This supersedes earlier intimations from July and December 2025.

Likely market impact

The upgraded capacity and significant capex commitment signal strong growth ambitions, which could be positive for long-term earnings but may increase debt levels in the near term.