DCM Shriram Share Price: Stock Jumps 9.39% on CBG Plant Launch in UP

• Stock Performance:
  • DCM Shriram shares surged 9.39% on Friday, March 28, 2025, hitting an intraday high of ₹1,224 per share.
• Announcement:
  • The rise came after the company announced the commissioning of its Compressed Biogas (CBG) plant at the Ajabpur unit in Uttar Pradesh.
  • Commercial production of CBG commenced on March 27, 2025, at 9:00 am.
• About the CBG Plant:
  • The CBG plant is a byproduct of the sugar production process and is an environmentally friendly, renewable fuel that reduces greenhouse gas emissions and reliance on fossil fuels.
  • The plant is expected to boost revenue while supporting DCM Shriram’s commitment to sustainability.
• Investment Details:
  • Earlier, the company had announced a ₹131.30 crore investment for setting up a 12 TPD integrated CBG plant at its Ajabpur Unit.
• Company Overview:
  • DCM Shriram operates primarily in the chemicals industry, with a diverse business portfolio in Agri-Rural Business, Chloro-Vinyl Business, and Value Added Products.
  • Key products include Urea, Sugar, Ethanol, and PVC Resins.
  • The company is also involved in power generation, cement production, and the manufacture of Fenesta Building Systems (high-quality UPVC and Aluminum windows & doors).