Gujarat State Fertilizers & Chemicals (GSFC) is currently trading at Rs. 359.00, up by 6.80 points or 1.93% from its previous closing of Rs. 352.20 on the BSE.
The scrip opened at Rs. 355.00 and has touched a high and low of Rs. 363.70 and Rs. 354.00 respectively. So far 8,532 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 503.95 on 14-Nov-2011 and a 52 week low of Rs. 316.15 on 10-Feb-2011.
Last one week high and low of the scrip stood at Rs. 363.70 and Rs. 327.10 respectively. The current market cap of the company is Rs. 2,861.00 crore.
The promoters holding in the company stood at 37.84% while Institutions and Non-Institutions held 37.40% and 24.76% respectively.
Gujarat State Fertilizers & Chemicals has decided to set up ‘Bio Complex’ for large scale production of liquid Biofertilizers and Amin (Granules & Liquid). The company has also decided to create separate production facilities for water soluble fertilizers.
In this regard, GSFC has signed MoU with Anand Agricultural University, Anand for Technology Transfer of Liquid Biofertilizers.
GSFC is a leading manufacturer of quality products of Chemical Fertilizers and Industrial Products. GSFC is the first chemical fertilizer manufacturing company to introduce Biological Input i.e. Lignite based ‘Biofertilizers’ way back in 1984. Subsequently in 2005-06, the company has launched plant protein based Plant Growth Promoter ‘Amin’ (Granules & Liquid).
