Manali Petrochemicals is currently trading at Rs. 22.95, up by 0.40 points or 1.77% from its previous closing of Rs. 22.55 on the BSE.
The scrip opened at Rs. 23.40 and has touched a high and low of Rs. 23.40 and Rs. 22.85 respectively. So far 22,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 37.20 on 05-Aug-2015 and a 52 week low of Rs. 12.95 on 17-Dec-2014.
Last one week high and low of the scrip stood at Rs. 24.15 and Rs. 20.95 respectively. The current market cap of the company is Rs. 395.00 crore.
The promoters holding in the company stood at 44.82% while Institutions and Non-Institutions held 1.54% and 53.64% respectively.
Manali Petrochemicals has entered into a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to invest upto Rs 500 crore over the next three to five years in projects for expansion of the Polyol capacity and a Power project with the facilitation and support from the Government.
Manali Petrochemicals (MPL) is a leader in the production and marketing of Propylene Oxide, Propylene Glycols and Polyols in India. The Company operates two grassroot production facilities at Manali to manufacture Propylene oxide (PO), Propylene Glycol (PG) and Polyols. It markets its Polyols with isocyanates sourced indigenously as well as imported from Japan and China and the pre-polymers produced at MPL in meeting the demand of polyurethane industry in India.
| Company Name | CMP |
|---|---|
| BASF India | 3611.60 |
| Tata Chemicals | 690.25 |
| SRF | 2471.15 |
| Pidilite Inds. | 1360.30 |
| Deepak Nitrite | 1465.55 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: