Resonance Specialties soars on entering into agreement with TCS

Resonance Specialties Ltd. | Chemicals | Chemicals & Fertilizers | BSE: 524218 | NSE:

16 Feb 2017 Evaluate

Resonance Specialties is currently trading at Rs. 38.85, up by 0.80 points or 2.10% from its previous closing of Rs. 38.05 on the BSE.

The scrip opened at Rs. 38.50 and has touched a high and low of Rs. 38.85 and Rs. 36.95 respectively. So far 1300 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 49.40 on 03-Nov-2016 and a 52 week low of Rs. 17.30 on 24-Feb-2016.

Last one week high and low of the scrip stood at Rs. 39.85 and Rs. 35.00 respectively. The current market cap of the company is Rs. 44.85 crore.

The promoters holding in the company stood at 64.72%, while institutions and non-institutions held 0.07% and 35.21% respectively.

Resonance Specialties has entered into an agreement with Tata Consultancy Services (TCS), to avail its iON manufacturing Solution. iON is a strategic unit of TCS focusing on manufacturing industry to provide technology by means of a unique IT-as-a-Service model, offering end-to-end business solutions. TCS iON caters to the needs of multiple industry segments, through innovative, easy-to-use, secured, integrated, hosted solutions in a build-as-you-grow, pay-as-you-use business model.

iON’s Cloud Based Solution is highly modular, scalable and configurable giving businesses the benefits of increased efficiencies, faster go to market, increased agility, predictability of technology and better business results. The solution offers security mechanism and ensures data privacy.

Resonance Specialties is a pioneer in Pyridine chemistry and one of the few manufacturers of the product in the world. The company is also one of the largest manufacturers of Lutidines in the world.

Resonance Specialtie Share Price

108.73 1.57 (1.47%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
BASF India	4035.90
Tata Chemicals	782.10
SRF	2780.75
Pidilite Inds.	1476.15
Deepak Nitrite	1875.25
View more..

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