Gujarat Alkalies (GUJALKALI) Share News & Alerts

Gujarat Alkalies joins hands with CleanMax for hybrid renewable energy project

▲ Bullish +0.72%

Gujarat Alkalies relies heavily on power-intensive manufacturing processes where electricity constitutes up to 40-60% of production costs for key products like caustic soda. By locking in a 160.24 MW group captive hybrid wind-solar setup, the company structurally reduces its dependency on expensive grid tariffs, leading to multi-year EBITDA margin improvements. This provides a strong fundamental cushion for swing and positional long strategies over the medium-term horizon.