Kiri Industries is currently trading at its upper circuit limit of Rs. 167.30, up by 15.20 points or 9.99% from its previous closing of Rs. 152.10 on the BSE.
The scrip opened at Rs. 164.80 and has touched a high and low of Rs. 167.30 and Rs. 155.70 respectively. So far 331645 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 152.10 on 05-Apr-2016 and a 52 week low of Rs. 72.10 on 11-Feb-2016.
Last one week high and low of the scrip stood at Rs. 167.30 and Rs. 103.50 respectively. The current market cap of the company is Rs. 444.18 crore.
The promoters holding in the company stood at 34.64% while Institutions and Non-Institutions held 27.00% and 38.36% respectively.
Specialty chemicals manufacturer, Kiri Industries has executed agreements to settle all of its debt. This has resulted in significant reduction of the borrowing of the company by the end of fiscal FY16. The total borrowings have decreased from 853.13 crore to Rs 410.6 crore, which is about 51.87% reduction compared to the previous financial year.
Further, as per settlement agreement executed, the company is committed to settle and repay majority of the balance debt during the current financial year 2016-17.
Kiri Industries is one of the largest manufacturer and exporter of wide range of Dyes, Intermediates and Chemicals from India. KIL, a fully integrated Dyes and Chemicals company is a winner of several CHEMEXCIL and GDMA performance awards.
| Company Name | CMP |
|---|---|
| Sudarshan Chemicals | 817.70 |
| Bodal Chemicals | 68.00 |
| Shree Pushkar Chem | 337.70 |
| Kiri Industries | 420.85 |
| Ultramar & Pigments | 405.05 |
| View more.. | |
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