Indo Amines is locked at upper circuit limit at Rs. 80.45, up by 13.40 points or 19.99% from its previous closing of Rs. 67.05 on the BSE.
The scrip opened at Rs. 80.45 and has touched a high and low of Rs. 80.45 and Rs. 80.45 respectively. So far 34,000 shares were traded on the counter.
The BSE group 'XC' stock of face value Rs. 10 has touched a 52 week high of Rs. 80.45 on 03-Nov-2016 and a 52 week low of Rs. 35.50 on 19-Nov-2015.
Last one week high and low of the scrip stood at Rs. 80.45 and Rs. 57.05 respectively. The current market cap of the company is Rs. 264.82 crore.
The promoters holding in the company stood at 73.85%, while Non-Institutions held 26.15%.
Indo Amines has received an approval from United States Environmental Protection Agency to sell it 10 chemical products in the United States market. In August, the company had received an approval to raise Term Loan of Rs 6.8 crore for Baroda Capex project.
Indo Amines manufactures various types of fatty amines, amine derivatives that are used by various industries for direct application. Its products also have specialized process application for various industries and their processes.
