Support and Resistance Levels
Past performance
About GHCL Ltd GHCL Limited is a prominent Indian manufacturer specializing in Soda Ash and Home Textiles. Established in 1983, the company operates in two main segments: Inorganic Chemicals, primarily producing Soda Ash, and Home Textiles, involving yarn manufacturing and textile processing. GHCL's Soda Ash production is significant, with a capacity of 1.10 million tons annually, supplying major clients like Hindustan Unilever and P&G. The company also produces refined Sodium Bicarbonate under the brand LION and has expanded into consumer products, including spices and honey.
The company has undergone several expansions and modernizations, notably in its Soda Ash and textile capacities. GHCL has divested its Home Textiles Business in 2022 to focus on spinning, forming GHCL Textiles Limited as a separate entity. This strategic move is supported by financial restructuring, including converting high-cost loans to lower-interest foreign currency loans. Post-demerger, GHCL Limited will concentrate on chemicals, while GHCL Textiles Limited focuses on spinning, with both entities listed separately on stock exchanges.