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Camex shines on entering into sole selling arrangement with Tianjin Yadong Longxin

12 Jan 2016 Evaluate

Camex is currently trading at Rs. 37.70, up by 1.95 points or 5.45% from its previous closing of Rs. 35.75 on the BSE.

The scrip opened at Rs. 39.00 and has touched a high and low of Rs. 39.00 and Rs. 36.95 respectively. So far 17184 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 40.45 on 11-Jan-2016 and a 52 week low of Rs. 19.05 on 01-Jun-2015.

Last one week high and low of the scrip stood at Rs. 40.45 and Rs. 28.50 respectively. The current market cap of the company is Rs. 38.44 crore.

The promoters holding in the company stood at 67.53% while Institutions and Non-Institutions held 0.01% and 32.46% respectively.

Camex has entered into a sole selling arrangement with Tianjin Yadong Longxin International in Republic of China for Indian market for the range of basic intermediates like H.Acid, Tobias Acid, Sulfo Tobias Acid and J.Acid.

The association would help Camex to exploit its present marketing network along with Tianjin Yadong Longxin International, expertise to sell products in Indian market. The said association will help Camex to improve revenues and profitability in coming years.

Camex Limited is engaged in production of Reactive Dyes, Acid Dyes, Direct Dyes and Textile auxiliaries with its manufacturing facilities located at Ankleshwar in the state of Gujarat the hub of dye industries.

 

Camex Share Price

31.38 0.51 (1.65%)
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