JBF Industries is currently trading at Rs. 222.10, up by 24.50 points or 12.40% from its previous closing of Rs. 197.60 on the BSE.
The scrip opened at Rs. 210.00 and has touched a high and low of Rs. 237.10 and Rs. 208.00 respectively. So far 304262 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 326.00 on 22-Jun-2017 and a 52 week low of Rs. 136.00 on 10-Aug-2017.
Last one week high and low of the scrip stood at Rs. 237.10 and Rs. 187.60 respectively. The current market cap of the company is Rs. 1842.12 crore.
The promoters holding in the company stood at 43.18%, while institutions and non-institutions held 16.53% and 40.29% respectively.
JBF Industries is reportedly in discussion with The Chatterjee Group (TCG), Indorama Group and Reliance Industries (RIL) for stake sale. The offloading of stake may lead to change of management control.
Indorama and TCG are actively involved in the process. Currently, the firm is being promoted by the Arya family which holds 43.18 percent stake and it is possible that the deal will not pan out.
JBF Industries is an India-based company, which manufactures polyester chips, polyester yarn and processed yarn from polyester chips.
Company Name | CMP |
---|---|
Indo Rama Synth | 41.50 |
Banswara Syntex | 147.40 |
Ganesha Ecosphere | 1044.00 |
JBF Industries | 4.42 |
Pasupati Acrylon | 36.02 |
View more.. |