Yash Chemex is currently trading at Rs. 80.50, up by 0.15 points or 0.19% from its previous closing of Rs. 80.35 on the BSE.
The scrip opened at Rs. 80.50 and has touched a high and low of Rs. 80.50 and Rs. 80.50 respectively.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 82.95 on 31-May-2018 and a 52 week low of Rs. 28.00 on 08-Jun-2017.
Last one week high and low of the scrip stood at Rs. 82.95 and Rs. 77.00 respectively. The current market cap of the company is Rs. 82.31 crore.
The promoters holding in the company stood at 48.12%, while the Non-Institutions held 51.88% stake in the company.
Yash Chemex has acquired 5 lakhs equity shares of its subsidiary company -- Yasons Chemex Care -- thereby the total equity holding of the Company in Yasons Chemex Care has reached up to 50.87%.
Yasons Chemex Care is in the field of Manufacturing of Perfumes, Deodorants, dyestuff and trading of all kinds of chemicals. The acquisition would result in benefit of operational synergies. The nature of consideration will be on cash basics.
Yash Chemex is a chemicals and dyes trading and distribution company with a descriptive product portfolio. The company’s major selling products are Tobias Acid, Beta Nepthol and Melamine and has requisite infrastructure to accommodate stock of every component.
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