BASF India trades higher on the bourses

04 May 2018

BASF India is currently trading at Rs. 2174.15, up by 40.45 points or 1.90% from its previous closing of Rs. 2133.70 on the BSE.

The scrip opened at Rs. 2172.00 and has touched a high and low of Rs. 2198.00 and Rs. 2135.00 respectively. So far 755 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2430.00 on 08-Jan-2018 and a 52 week low of Rs. 1283.00 on 23-May-2017.

Last one week high and low of the scrip stood at Rs. 2204.90 and Rs. 2,075.55 respectively. The current market cap of the company is Rs. 9349.48 crore.

The promoters holding in the company stood at 73.33%, while Institutions and Non-Institutions held 10.04% and 16.62% respectively.

BASF India’s Parent Company -- BASF SE, Germany and Solenis have reached an agreement to combine BASF’s Paper wet-end & Water Chemicals business with Solenis, USA. The transaction is anticipated to close by the end of 2018 at the earliest.

The Board of Directors of BASF India at its meeting held on May 03, 2018, approved the proposal to transfer the paper wet-end and water chemicals business of the company to Solenis in India.

BASF India is a chemical manufacturing company. It operates in the business segments of agricultural solutions, performance products, plastics businesses and chemicals. The agricultural solutions include insecticides, herbicides, fungicides and specialties.

Related BASF India Ltd. Links:

BASF India Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323