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Meghmani gains on receiving GLP Compliance Certificate for Sanand facility

20 Nov 2017 Evaluate

Meghmani Organics is currently trading at Rs. 110.10, up by 1.60 points or 1.47% from its previous closing of Rs. 108.50 on the BSE.

The scrip opened at Rs. 108.85 and has touched a high and low of Rs. 111.00 and Rs. 107.20 respectively. So far 4,92,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 129.40 on 07-Nov-2017 and a 52 week low of Rs. 34.10 on 22-Nov-2016.

Last one week high and low of the scrip stood at Rs. 112.45 and Rs. 98.80 respectively. The current market cap of the company is Rs. 2,800.00 crore.

The promoters holding in the company stood at 50.93%, while Institutions and Non-Institutions held 4.82% and 44.26% respectively.

Meghmani Organics’ Laboratory Facility situated at Chharodi village, Sanand Taluka, Ahmedabad district in state of Gujarat has received Certificate of Good Laboratory Practice (GLP) Compliance from National Good Laboratory Practice (GLP) Compliance Monitoring Authority (NGCMA), Department of Science and Technology, Government of India. The certificate will remain valid for a period up to October 17, 2020.

This certificate is considered as extremely prestigious status in the field of Agro Chemical Industry because of stringent, strict and 100% compliance oriented criteria set up to get the GLP Certificate. Further, after GLP accreditation, the process of Domestic and International registration of Agrochemical products will become cost effective and speedy for the company.

Meghmani Organics is a leading manufacturer of pigment and pesticide products in the country and is the recipient of several prestigious awards in recognition of its outstanding business performance.


Meghmani Org-Amal Share Price

64.05 0.00 (0.00%)
17-May-2021 18:01 View Price Chart
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