Mangalam Organics is currently trading at its upper circuit limit of Rs. 15.78, up by 1.43 points or 9.97% from its previous closing of Rs. 14.35 on the BSE.
The scrip opened at Rs. 14.45 and has touched a high and low of Rs. 15.78 and Rs. 14.30 respectively. So far 7161 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 20.20 on 20-Jan-2014 and a 52 week low of Rs. 7.71 on 31-May-2013.
Last one week high and low of the scrip stood at Rs. 15.95 and Rs. 14.25 respectively. The current market cap of the company is Rs. 14.29 crore.
The promoters holding in the company stood at 46.89% while Institutions and Non-Institutions held 0.03% and 53.08% respectively. JNJ Holdings has bought 3.58 lakh shares of Mangalam Organics through open market route. The shares were purchased on an average price of Rs 14.35 valuing the transaction to Rs 51.37 lakh. On the other hand, Phoenix Asset Management has sold 3.60 lakh shares of the company for an average price of Rs 14.35 through open market route.
Mangalam Organics manufactures organic chemicals. It has set up facilities to manufacture resins and turpentine at Khopoli, Maharashtra.
