Dharamsi Morarji Chemical Company is currently trading at Rs 17.10, up by 0.55 points or 3.32% from its previous closing of Rs 16.55 on the BSE.
The scrip opened at Rs. 16.65 and has touched a high and low of Rs. 17.30 and Rs. 16.65 respectively. So far 1020 shares were traded on the counter.
The BSE group 'T' stock of face value Rs 10 has touched a 52 week high of Rs. 28.30 on 16-Sep-2014 and a 52 week low of Rs. 8.50 on 19-May-2014.
Last one week high and low of the scrip stood at Rs 17.30 and Rs 16.10 respectively. The current market cap of the company is Rs 36.78 crore.
The promoters holding in the company stood at 48.82% while Institutions and Non-Institutions held 3.31% and 47.87% respectively.
Dharamsi Morarji Chemical Company (DMCC) has appointed Bridge to India Solar Energy One to implement a Solar Plant at its Plant at Roha, Raigad district in state of Maharashtra.
The solar project capacity will be 500kWp, to be gradually increased over a period of time. By implementing this project, DMCC will partially replace expensive grid power with cheaper green energy and reduce its energy cost. This is also significant step for DMCC towards sustainability.
Besides, in addition to the company’s existing operations to recover waste heat from chemical plants and convert it into Steam and Electricity, the solar power generation is an additional step of the company towards green initiative, which will increase the company’s non conventional energy generation.
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