Fineotex Chemical trades with traction on the BSE

Fineotex Chemical is currently trading at Rs. 24.10, up by 0.35 points or 1.47% from its previous closing of Rs. 23.75 on the BSE.

The scrip opened at Rs. 25.55 and has touched a high and low of Rs. 25.55 and Rs. 23.90 respectively. So far 25644 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 44.60 on 07-Jul-2015 and a 52 week low of Rs. 11.40 on 29-Oct-2014.

Last one week high and low of the scrip stood at Rs. 25.55 and Rs. 23.50 respectively. The current market cap of the company is Rs. 271.20 crore.

The promoters holding in the company stood at 71.72% while Institutions and Non-Institutions held 0.89% and 27.39% respectively.

Fineotex Chemical (FCL) has been recognized as Star Export House by Directorate General of Foreign Trade, Ministry of Commerce and Industry. The certificate of recognition is valid for a period of 5 years effective from June 26 2015.

FCL, a Star Export House recognized company is in the business of manufacturing Speciality Chemicals for over 35 years in Textiles, Agro Fertilizers, Adhesives, Paper & Ancillary Industries. It is the only listed Textile Chemical Company having an overseas production plant in Selangor, Malaysia along with a plant situated in Navi Mumbai, India.