Gulshan Polyols shines as Reliance Capital Trustee buys 5.95 lakh shares

Gulshan Polyols is currently trading at Rs. 341.10, up by 22.10 points or 6.93% from its previous closing of Rs. 319.00 on the BSE.

The scrip opened at Rs. 345.00 and has touched a high and low of Rs. 354.00 and Rs. 320.50 respectively. So far 33301 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 354.00 on 31-march-2015 and a 52 week low of Rs. 87.00 on 31-Mar-2014.

Last one week high and low of the scrip stood at Rs. 319.00 and Rs. 250.00 respectively. The current market cap of the company is Rs. 307.63 crore.

The promoters holding in the company stood at 68.77% while Non-Institutions held 31.22% stake in the company.

Reliance Capital Trustee has bought 5.95 lakh shares of Gulshan Polyols through open market route. The shares were purchased on an average price of Rs 250 valuing the transaction to Rs 14.87 crore. On the other hand, Mridula Jain has sold 5.96 lakh shares of the company for an average price of Rs 250.01 through open market route.

Gulshan Polyols is engaged in manufacturing of ‘Sorbitol-70%’. Sorbitol, a starch derivative, sweet in taste, finds wide range application, the major uses in dentrifice, cosmetic, Pharma, Vitamin-C, food products etc.