Andhra Petrochemicals trades in fine fettle on BSE

21 Dec 2016

Andhra Petrochemicals is currently trading at Rs. 18.95, up by 1.70 points or 9.86% from its previous closing of Rs. 17.25 on the BSE.

The scrip opened at Rs. 17.25 and has touched a high and low of Rs. 18.95 and Rs. 16.70 respectively. So far 134106 shares were traded on the counter.

The BSE group 'XC' stock of face value Rs. 10 has touched a 52 week high of Rs. 28.95 on 09-Dec-2016 and a 52 week low of Rs. 9.90 on 17-Feb-2016.

Last one week high and low of the scrip stood at Rs. 23.95 and Rs. 16.70 respectively. The current market cap of the company is Rs. 159.75 crore.

The promoters holding in the company stood at 45.05%, while Institutions and Non-Institutions held 0.05% and 54.89% respectively.

Andhra Petrochemicals has temporarily shut down operations of its plant at Visakhapatnam from December 19, 2016. The plant was shut due to surge in imports coupled with transportation constraints.

Andhra Petrochemicals was promoted by the Andhra Pradesh Industrial Development Corporation (APIDC) and The Andhra Sugars (ASL) as a joint sector company The company's principal activity is manufacture and sale of oxo alcohols. The oxo alcohol products are ethyl hexanol, normal butanol and iso butanol.

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SEBI Registered: Investment Adviser - INA000013323
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