Rama Phosphates surges on launching new product at Udaipur Unit

03 Apr 2017 Evaluate

Rama Phosphates is currently trading at Rs. 89.00, up by 1.80 points or 2.06 % from its previous closing of Rs. 87.20 on the BSE.

The scrip opened at Rs. 91.00 and has touched a high and low of Rs. 91.00 and Rs. 83.05 respectively. So far 4220 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 105.60 on 23-Jan-2017 and a 52 week low of Rs. 37.70 on 04-Apr-2016.

Last one week high and low of the scrip stood at Rs. 92.00 and Rs. 75.65 respectively. The current market cap of the company is Rs. 157.47 crore.

The promoters holding in the company stood at 75%, while Institutions and Non-Institutions held 0.07% and 24.94% respectively.

Rama Phosphates has launched new product ‘Zincated Fortified Single Super Phosphate’ at Udaipur Unit with effect from March 27, 2017 with production capacity of 75,000 TPA.

The company is engaged in manufacturing phosphatic fertilizers viz. Single Super Phosphate (Powder as well as Granule), Mixed fertilizers namely NPK and Chemicals like Sulphuric Acid, Oleum at Pune, Indore and Udaipur units.

Rama Phosphates Share Price

159.60 -2.90 (-1.78%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Coromandel Interntl. 1077.25
National Fertilizers 87.62
Chambal Fert & Chem 342.10
RCF 128.15
Paradeep Phosphates 66.39
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