Punjab Chemicals & Crop Protection is currently trading at Rs. 71.35, up by 2.00 points or 2.88% from its previous closing of Rs. 69.35 on the BSE.
The scrip opened at Rs. 70.00 and has touched a high and low of Rs. 73.90 and Rs. 70.00 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 94.00 on 04-Jul-2011 and a 52 week low of Rs. 42.85 on 22-Dec-2011.
Last one week high and low of the scrip stood at Rs. 73.90 and Rs. 60.00 respectively. The current market cap of the company is Rs. 53.67 crore.
The promoters holding in the company stood at 50.36% while Institutions and Non-Institutions held 8.32% and 41.32% respectively.
Punjab Chemicals & Crop Protection has received its board’s approval to raise an aggregate amount of upto Rs 60 crore by way of Qualified Institutional Placement (QIP). The company’s board has given the approval for the same at its meeting held on May 22, 2012.
The company operates various divisions namely agro chemicals, industrial chemical, pharmaceutical and International trading. The company is engaged in manufacturing of agrochemicals, pharmaceutical intermediates, APIs, phosphorous derivatives and specialty chemicals.
