Acrysil is currently trading at Rs. 498.00, up by 5.25 points or 1.07% from its previous closing of Rs. 492.75 on the BSE.
The scrip opened at Rs. 499.00 and has touched a high and low of Rs. 499.00 and Rs. 498.00 respectively. So far 77 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 665.00 on 03-Jan-2018 and a 52 week low of Rs. 440.00 on 18-Jul-2017.
Last one week high and low of the scrip stood at Rs. 538.90 and Rs. 481.00 respectively. The current market cap of the company is Rs. 258.41 crore.
The promoters holding in the company stood at 42.42%, while Institutions and Non-Institutions held 0.72% and 56.86% respectively.
Acrysil has decided its capital expenditure plan of around Rs 10 crore for FY 2018-19. The investment is for expansion of capacities to manufacture Quartz Sinks by 100,000 units per annum.
The capex is brownfield in nature and will involve investments in moulds, plant & machinery and Building. Post the expansion, total capacity to manufacture Quartz Sinks will be around 500,000 units per annum. The capex is to be funded through mix of debt and equity.
Acrysil is a small company but enjoys a virtual monopoly in the organized Kitchen Sink business.
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