SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Balaji Amines gains on receiving ‘Mega Project’ status for project expansion

05 Dec 2017 Evaluate

Balaji Amines is currently trading at Rs. 642.60, up by 10.00 points or 1.58% from its previous closing of Rs. 632.60 on the BSE.

The scrip opened at Rs. 640.00 and has touched a high and low of Rs. 644.40 and Rs. 636.00 respectively. So far 4,308 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 668.40 on 23-Nov-2017 and a 52 week low of Rs. 271.10 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 659.50 and Rs. 585.90 respectively. The current market cap of the company is Rs. 2,082.00 crore.

The promoters holding in the company stood at 54.55%, while Institutions and Non-Institutions held 5.11% and 40.34% respectively.

The Department of Industries, Energy and Labour, Mantralya, Mumbai has conferred ‘Mega Project’ status to the expansion project being under taken by Balaji Amines at an project outlay of Rs 296 crore at MIDC Chincholi, Solapur, Maharashtra. The said status of Mega Project entitles the company to various incentives, subject to compliance of conditions of Package Scheme Incentives (PSI) 2013.

Balaji Amines is engaged in manufacturing of methylamines, ethylamines, derivatives of specialty chemicals and natural products. The company was set up to cater to the growing requirements of value based Specialty Chemicals.


Balaji Amines Share Price

1893.50 -98.35 (-4.94%)
29-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
SRF 2665.35
BASF India 3635.10
Tata Chemicals 729.35
Pidilite Inds. 1599.75
Deepak Nitrite 1564.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: