Sukhjit Starch & Chemicals Rise By 6% After Mega Food Park Approval

The Sukhjit Starch and Chemical Limited’s stock surged by 6.02% to Rs 349.80 at 13:03 pm IST on BSE after the company announced that most of the approvals from the concerned authorities for setting up the mega food park in Punjab have been received as per BSE filing.

The announcement was made after market hours on 11 April 2017. In the meantime, the S&P BSE Sensex was down 80.17 points, or 0.27% to 29,708.18.

On the BSE, the stock had hit a high of Rs 360.05 and a low of Rs 341.95 so far during the day. The stock hit a 52-week high of Rs 405 on 3 April 2016 & a 52-week low of Rs 231.10 on 6 June 2016.

The Company manufactures modified starch, dextrine, liquid glucose, HMS, maltro-dextrin, mono-hydrate dextrose, any-hydrose dextrose, sorbitol-70% solution and various by-products.

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