India's Vipul Organics rises on environmental nod for Maharashtra unit expansion
** Shares of Vipul Organics VIPU.BO up as much as 20% to 225.45 rupees, their biggest intraday gain since Oct
** Specialty chemicals co said Ministry of Environment, Forest and Climate Change granted Environmental Clearance (EC) for expansion at co's Maharashtra facility
** Co plans to raise its production capacity from the current 10 metric tons per month (MT/M) to 508 MT/M
** More than 111,000 shares change hands as of 1:40 p.m. IST, 4.1x the 30-day moving average
** VIPU eyes second straight session of gains; on track to snap two consecutive weeks of losses
** Including session's moves, stock up 28.3% this year, smaller than the 32.6% gain in 2023
Reporting by Navamya Ganesh Acharya in Bengaluru
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