Chambal Fertilisers & Chemicals is currently trading at Rs 60.15, up by 0.90 points or 1.52% from its previous closing of Rs 59.25 on the BSE.
The scrip opened at Rs. 60.05 and has touched a high and low of Rs. 60.80 and Rs. 59.60 respectively. So far 115105 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 77.00 on 08-Apr-2015 and a 52 week low of Rs. 53.85 on 08-Sep-2015.
Last one week high and low of the scrip stood at Rs. 60.90 and Rs. 57.75 respectively. The current market cap of the company is Rs. 2501.41 crore.
The promoters holding in the company stood at 56.78% while Institutions and Non-Institutions held 19.77% and 23.46% respectively.
Chambal Fertilisers & Chemicals has received an approval for sale or disposal of one or more or all of the 5 ships / vessels owned by the company; or sell, transfer or dispose-off the entire shipping undertaking / business of the company on slump sale basis or some other appropriate structure. The proposed transaction(s) will be consummated as and when the company receives commercially viable and acceptable offers from third parties in this regard. The board of directors at their meeting held on December 22, 2015 has approved for the same.
This decision has been taken keeping in view the long term shipping business outlook and the requirement of funds for new Ammonia - Urea Project proposed to be set up by the company at Gadepan, Kota district in state of Rajasthan.
Chambal Fertilisers & Chemicals is one of the largest private sector fertilizer producers in India. It has three divisions catering agri products, shipping & textiles.
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