Akzo Nobel shines on commencing commercial production at Gwalior plant

03 Oct 2013 Evaluate

Akzo Nobel is currently trading at Rs. 833.00, up by 10.60 points or 1.29% from its previous closing of Rs. 822.40 on the BSE.

The scrip opened at Rs. 832.00 and has touched a high and low of Rs. 833.00 and Rs. 825.25 respectively. So far 235 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1195.70 on 21-May-2013 and a 52 week low of Rs. 750.00 on 05-Sep-2013.

Last one week high and low of the scrip stood at Rs. 860.00 and Rs. 795.25 respectively. The current market cap of the company is Rs.  3,995 crore.

The promoters holding in the company stood at 72.96% while Institutions and Non-Institutions held 12.20% and 14.84% respectively. 

Akzo Nobel India’s new green field plant at Gwalior has commenced commercial production of paint products with effect from September 30, 2013.

Akzo Nobel India (formerly ICI India) is engaged in manufacturing and marketing of paints, speciality chemicals, adhesives and starch. The company’s origin goes way back in 1926 when Brunner Mond & Co, one of the four companies was combined to form ICI in UK. This company operated as a trading office in Calcutta to sell alkalis and dyes.

Akzo Nobel India Share Price

2395.10 -11.70 (-0.49%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Asian Paints 2846.00
Berger Paints India 571.65
Kansai Nerolac Paint 262.25
Akzo Nobel India 2395.10
Indigo Paints 1256.10
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.