Dynemic Products - a relatively undervalued chemical stock!

Company Announcement - “Trial run for Food colors Plant at its manufacturing
unit situated in Dahej, Gujarat from 07.06.2021. Also, we will update the commencement of
commercial production in due course.”

According to me, the capex has crossed Rs. 210-213 crs. Need some clarity on the reasons behind the increase and is it a hole in the pocket due to some cost overruns or is it going to contribute to the topline?

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