Manali Petrochemicals surges on the bourses

Manali Petrochemicals Ltd. | Chemicals | Chemicals & Fertilizers | BSE: 500268 | NSE: MANALIPETC

11 Sep 2018 Evaluate

Manali Petrochemicals is currently trading at Rs. 38.40, up by 1.00 points or 2.67% from its previous closing of Rs. 37.40 on the BSE.

The scrip opened at Rs. 38.45 and has touched a high and low of Rs. 38.85 and Rs. 37.95 respectively. So far 59580 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 55.75 on 11-Jun-2018 and a 52 week low of Rs. 31.20 on 28-Sep-2017.

Last one week high and low of the scrip stood at Rs. 38.85 and Rs. 36.60 respectively. The current market cap of the company is Rs. 643.28 crore.

The promoters holding in the company stood at 44.82%, while Institutions and Non-Institutions held 1.97% and 53.21% respectively.

Manali Petrochemicals (MPL) is planning to launch the products of its wholly owned subsidiary - Notedome, UK, manufactured at the facilities of the company in Chennai during September 2018. Notedome has been looking to expand its base in Asia and as part of achieving this, MPL, the ultimate Parent of Notedome, has commenced production of the said Notedome products at its facilities in Chennai and the products are being launched this month.

Notedome, the UK-based manufacturer of high performance polyurethanes for the past three decades makes Nuthane Polyurethane Cast Elastomers of various specifications and supplies to over 45 countries across the globe.

Manali Petrochemicals is a leader in the production and marketing of Propylene Oxide, Propylene Glycols and Polyols in India. The Company operates two grassroot production facilities at Manali to manufacture Propylene oxide (PO), Propylene Glycol (PG) and Polyols.

Manali Petro Share Price

56.69 -0.08 (-0.14%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
BASF India	4035.90
Tata Chemicals	782.10
SRF	2780.75
Pidilite Inds.	1476.15
Deepak Nitrite	1875.25
View more..

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