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Apcotex Industries gains on launching new product ‘XNBR Latex’ for gloves

08 May 2018 Evaluate

Apcotex Industries is currently trading at Rs. 570.30, up by 4.50 points or 0.80% from its previous closing of Rs. 565.80 on the BSE.

The scrip opened at Rs. 565.00 and has touched a high and low of Rs. 573.65 and Rs. 555.00 respectively. So far 1373 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 611.00 on 02-May-2018 and a 52 week low of Rs. 355.00 on 19-May-2017.

Last one week high and low of the scrip stood at Rs. 611.00 and Rs. 555.00 respectively. The current market cap of the company is Rs. 1189.63 crore.

The promoters holding in the company stood at 57.92%, while Institutions and Non-Institutions held 0.26% and 41.82% respectively.

Apcotex Industries has launched new product - XNBR Latex for Gloves. The product launched on May 03, 2018 is mainly for export market.

Apcotex Industries is one of the leading producers of VP latex, SB and carboxylated sb latexes , acrylic latexes , nitrile latex , SBR Latex , Carboxylated SBR , High Styrene Resin and Synthetic Rubber in India.

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