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Gujarat State Fertilizers in demand on plan to set up a Bio-complex

12 Jan 2012 Evaluate

Gujarat State Fertilizers is currently trading at Rs 388.55, up by 8.05 points or 2.12% from its previous closing of Rs 380.50 on the BSE.

The scrip opened at Rs 384.90 and has touched a high and low of Rs 394.00 and Rs 384.90 respectively. So far 8997 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 394.00 and Rs 336.00 respectively. The current market cap of the company is Rs 3100.16 crore.

The promoters holding in the company stood at 37.84% while Institutions and Non-Institutions held 38.51% and 23.64% respectively.  

Gujarat State Fertilizers & Chemicals (GSFC) is proposing to set up a Bio-complex for manufacturing of Liquid Bio-fertilizer, Sardar Amin Granules, Sardar Amin Liquid and Water Soluble Fertilizers.

These products are cost effective, innovative, eco-friendly and are based on the Advanced Agricultural System/Concept. The foundation stone laying ceremony of the new Bio-complex was held on January 06, 2012.

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). 

GSFC Share Price

174.10 2.80 (1.63%)
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