Clariant Chemicals (India) is currently trading at Rs. 909.90, up by 13.05 points or 1.46% from its previous closing of Rs. 896.85 on the BSE.
The scrip opened at Rs. 909.90 and has touched a high and low of Rs. 920.90 and Rs. 889.00 respectively. So far 3174 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 984.00 on 18-Jul-2014 and a 52 week low of Rs. 482.00 on 14-Oct-2013.
Last one week high and low of the scrip stood at Rs. 957.35 and Rs. 890.55 respectively. The current market cap of the company is Rs. 2376.81 crore.
The promoters holding in the company stood at 63.40% while Institutions and Non-Institutions held 8.72% and 27.88% respectively.
Clariant Chemicals (India), a world leader in specialty chemicals, has inaugurated an important new extension to its production facility in Roha, south-east of Mumbai. The expansion doubles its capacity there for pigments and pigment preparations. The increased output will enable the company to increase its market coverage in India and the neighboring countries of Bangladesh and Sri Lanka, and to provide products better tailored to customer needs.
The increase in capacity has been made possible with the introduction of the very latest equipment for high-end pigment preparation. The improved plant, in which the company has invested CHF 3.2 million amounting Rs 20 crore, forms part of a strategic program that the company has been carrying out in recent years to support customers in emerging markets with high quality pigments and pigment preparations that comply with local and international eco-labeling schemes.
The pigments and pigment preparations produced at the Roha plant are for a wide range of applications, including interior and exterior coatings, packaging, personal, home and fabric care products seed coatings, and dispersions for printing.
Clariant Chemicals (India) represents a valuable repository of manufacturing and marketing experience. Its constituents were all well respected companies who played an invaluable role in the development of the textiles, leather, paints, plastics, printing inks and agrochemicals industries in India.
| Company Name | CMP |
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| BASF India | 4035.90 |
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| SRF | 2780.75 |
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| Deepak Nitrite | 1875.25 |
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