Mangalam Organics is currently trading at Rs. 204.10, up by 0.70 points or 0.34% from its previous closing of Rs. 203.70 on the BSE.
The scrip opened at Rs. 200.10 and has touched a high and low of Rs. 206.00 and Rs. 190.00 respectively. So far 64000 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 238.55 on 24-Jan-2018 and a 52 week low of Rs. 54.25 on 06-Feb-2017.
Last one week high and low of the scrip stood at Rs. 224.60 and Rs. 171.00 respectively. The current market cap of the company is Rs. 184.04 crore.
The promoters holding in the company stood at 46.91%, while Non-Institutions held 53.09% stake in the company.
Mangalam Organics (MOL) has signed alliance agreement with LES Derives Resiniques ET Terpeniques, BP 206-40105 Dax Cedex - France (DRT) to manufacture and Supply terpene phenolic resin.
Under the arrangement, Mangalam Organics will sell the Product exclusively to DRT for distribution. DRT will purchase the products from MOL and be responsible for sales and service of the products.
Mangalam Organics manufactures and sells chemicals in India.
