Commodity chemicals stock price, Gujarat Alkalies touched a new 52-week high on Tuesday after signing a memorandum of understanding (MoU) with billionaire Anil Agarwal’s Vedanta for exploring business opportunities. Vedanta which is the highest dividend yield stock current on the Indian market, ended higher as well.
As per the regulatory filing on January 2nd, Vedanta (Aluminium Business) has signed a Memorandum of Understanding (MoU) with Gujarat Alkalies and Chemicals Ltd (GACL), for exploring various business opportunities in the areas of Caustic-Chlorine and other allied businesses.
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