Gujarat Alkalies & Chemicals announced that remaining 12.5 MW out of the 20 MW AC Solar Power Plant at Charanka has commissioned on 16 September 2019.

With this, the commissioning of entire 20 MW AC Solar Power Plant installation in phased manner at Charanka, is completed. Thus, total installed capacity of Solar Power Plant now stands increased to 35 MW

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CG Power & Industrial Solutions Ltd, Dr Lal Pathlabs Ltd, Housing Development & Infrastructure Ltd and Navkar Corporation Ltd are among the other gainers in the BSE's 'A' group today, 04 September 2019.

Gujarat Alkalies & Chemicals Ltd surged 6.13% to Rs 416.6 at 11:50 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 7212 shares were traded on the counter so far as against the average daily volumes of 3278 shares in the past one month.

CG Power & Industrial Solutions Ltd soared 4.95% to Rs 11.46. The stock was the second biggest gainer in 'A' group. On the BSE, 5716 shares were traded on the counter so far as against the average daily volumes of 6.21 lakh shares in the past one month.

Dr Lal Pathlabs Ltd spiked 4.90% to Rs 1244.25. The stock was the third biggest gainer in 'A' group. On the BSE, 4852 shares were traded on the counter so far as against the average daily volumes of 3902 shares in the past one month.

Housing Development & Infrastructure Ltd exploded 4.86% to Rs 6.26. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.42 lakh shares were traded on the counter so far as against the average daily volumes of 4.65 lakh shares in the past one month.

Navkar Corporation Ltd spurt 4.80% to Rs 33.85. The stock was the fifth biggest gainer in 'A' group. On the BSE, 34813 shares were traded on the counter so far as against the average daily volumes of 56503 shares in the past one month.

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Gujarat Alkalies & Chemicals will hold a meeting of the Board of Directors of the Company on 27 September 2019.

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The announcement was made after market hours yesterday, 3 September 2019.

The Gujarat Alkalies & Chemicals (GACL) scrip is currently up 2.17% at Rs 401.05. The stock hit a high of Rs 403.15 and a low of Rs 398.20 so far during the day. On the BSE, 918 shares were traded in the counter so far compared with average daily volume of 2,881 shares in the past one quarter.

GACL is one of the largest producers of caustic soda in India. On a consolidated basis, the company's net profit declined by 13.3% to Rs 158.80 crore on a 0.6% fall in net sales to Rs 748.57 crore in Q1 June 2019 over Q1 June 2018.

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