MoneyWorks4Me

DCW advances on commencing commercial production of CPVC at Sahupuram factory

11 Oct 2017 Evaluate

DCW is currently trading at Rs. 42.35, up by 1.70 points or 4.18% from its previous closing of Rs. 40.65 on the BSE.

The scrip opened at Rs. 42.05 and has touched a high and low of Rs. 43.45 and Rs. 42.05 respectively. So far 7,00,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 43.45 on 11-Oct-2017 and a 52 week low of Rs. 26.60 on 21-Nov-2016.

Last one week high and low of the scrip stood at Rs. 43.45 and Rs. 35.70 respectively. The current market cap of the company is Rs. 933.65 crore.

The promoters holding in the company stood at 47.68%, while Institutions and Non-Institutions held 9.13% and 43.19% respectively.

DCW has commenced the commercial production of Chlorinated Poly Vinyl Chloride (CPVC) at the company’s factory situated at Sahupuram in state of Tamil Nadu on October 10, 2017.

DCW is an industry pioneer with a strong presence in the Chlor-Alkali, Synthetic Rutile and PVC business segments, with a successful record of innovation and in pioneering new products and processes.


Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
View more..