Balaji Amines Stock Rises on Maharashtra State Incentives Approval
22 hours agoBusiness
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Balaji Amines Stock Rises on Maharashtra State Incentives Approval

Balaji Amines' stock surged after receiving an Eligibility Certificate under Maharashtra's Package Scheme of Incentives, 2013. The company is eligible for incentives up to Rs 258 crore, including industrial promotion subsidy, electricity duty exemption, and stamp duty waiver, for seven years starting January 2024. This development follows a recent decline in the company's net profit and sales in the second quarter of fiscal year 2025.

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