Meghmani Organics is currently trading at Rs. 24.70, up by 0.85 points or 3.56% from its previous closing of Rs. 23.85 on the BSE.
The scrip opened at Rs. 23.80 and has touched a high and low of Rs. 25.45 and Rs. 23.65 respectively. So far 215179 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 30.70 on 12-Nov-2014 and a 52 week low of Rs. 6.80 on 26-Feb-2014.
Last one week high and low of the scrip stood at Rs. 25.45 and Rs. 23.55 respectively. The current market cap of the company is Rs. 629.43 crore.
The promoters holding in the company stood at 50.58% while Institutions and Non-Institutions held 0.79% and 30.91% respectively.
Meghmani Organics in its efforts to increase market share in domestic branded agro formulations has roped in three senior marketing professionals to spearhead its mission whereby it targeting to achieve Rs 250 crore revenue in branded formulations business within next two years, a threefold rise from current revenue.
Further, the company has also set up an exclusive Supply Chain Management Department for the formulation products under the leadership of Sachin Gangrade, having 15 years of experience of managing supply chain.
Meghmani Organics is a leading manufacturer of pigment and pesticide products in the country and is the recipient of several prestigious awards in recognition of its outstanding business performance.
