Camlin Fine Sciences is currently trading at Rs. 91.40, up by 5.60 points or 6.53% from its previous closing of Rs. 85.80 on the BSE.
The scrip opened at Rs. 91.90 and has touched a high and low of Rs. 96.00 and Rs. 90.70 respectively. So far 45571 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 105.00 on 04-Feb-2015 and a 52 week low of Rs. 24.50 on 16-May-2014.
Last one week high and low of the scrip stood at Rs. 96.00 and Rs. 84.00 respectively. The current market cap of the company is Rs. 891.76 crore.
The promoters holding in the company stood at 52.20% while Institutions and Non-Institutions held 0.93% and 46.87% respectively.
Camlin Fine Sciences has received an approval for acquisition of land admeasuring 64,407.91 square meters and setting up a manufacturing facility for Hydroquinone/ Catechol and its down steam products Guaiacol and Vanillin at Dahej SEZ, Bharuch District in state of Gujarat. The board of directors at their meeting held on May 12, 2015 has approved for the same.
The board also approved setting up a wholly owned subsidiary (WOS) Company in Mexico for undertaking trading and distribution of Antioxidants, food ingredients, Blends, Formulations, feeds, performance chemicals etc in Central American markets.
Further, the company will be setting up a WOS Company in China for undertaking trading and distribution of Antioxidants, food ingredients, Blends, Formulations, feeds, performance chemicals etc in Chinese markets.
Camlin Fine Chemicals is the world's second largest manufacturer and marketer of food grade antioxidants TBHQ and BHA.
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