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Dhanuka Agritech soars on receiving EC for setting up pesticide unit in Bharuch

08 Jun 2018 Evaluate

Dhanuka Agritech is currently trading at Rs. 560.00, up by 11.80 points or 2.15% from its previous closing of Rs. 548.20 on the BSE.

The scrip opened at Rs. 553.95 and has touched a high and low of Rs. 563.95 and Rs. 553.95 respectively. So far 7699 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 929.10 on 12-Jun-2017 and a 52 week low of Rs. 526.10 on 06-Jun-2018.

Last one week high and low of the scrip stood at Rs. 568.00 and Rs. 526.10 respectively. The current market cap of the company is Rs. 2748.39 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 11.82% and 13.18% respectively.

Dhanuka Agritech has received environment clearance (EC) from Environment Ministry for setting up a pesticide unit at a cost of Rs 90 crore. The said unit with a manufacturing capacity of 3,415 tonne per month will be set up at the Dahej-III Industrial Estate in Bharuch.

Dhanuka Agritech is the umbrella company for the business of agro-chemicals, fertilizers, and seeds of Dhanuka Group.

Peers
Company Name CMP
UPL 538.00
PI Industries 2300.00
Bayer CropScience 3603.85
Sharda Cropchem 721.10
Sumitomo Chem. India 431.30
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