Indo Amines surges on acquiring industrial land at Raigad

01 Jan 2018

Indo Amines is currently trading at Rs. 130.00, up by 10.90 points or 9.15% from its previous closing of Rs. 119.10 on the BSE.

The scrip opened at Rs. 122.35 and has touched a high and low of Rs. 134.80 and Rs. 120.00 respectively. So far 33,000 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 144.90 on 27-Nov-2017 and a 52 week low of Rs. 65.40 on 05-Apr-2017.

Last one week high and low of the scrip stood at Rs. 134.80 and Rs. 117.65 respectively. The current market cap of the company is Rs. 427.92 crore.

The promoters holding in the company stood at 73.85%, while Non-Institutions held 26.15% respectively.

Indo Amines has acquired an industrial land situated at Plot Number E-6, MIDC, Mahad, District Raigad in state of Maharashtra for further business expansion by signing the MoU between RKG Lifescince and Indo Amines.

Indo Amines manufactures various types of fatty amines, amine derivatives that are used by various industries for direct application. Its products also have specialized process application for various industries and their processes.

Related Indo Amines Ltd. Links:

Indo Amines Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323