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Mangalam Organics soars on receiving Rs 4.66 crore from New India Assurance Company

26 Oct 2018 Evaluate

Mangalam Organics is currently trading at Rs. 469.00, up by 13.60 points or 2.99% from its previous closing of Rs. 455.40 on the BSE.

The scrip opened at Rs. 460.00 and has touched a high and low of Rs. 471.00 and Rs. 454.50 respectively. So far 3851 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 514.70 on 17-Oct-2018 and a 52 week low of Rs. 99.00 on 26-Oct-2017.

Last one week high and low of the scrip stood at Rs. 506.45 and Rs. 448.00 respectively. The current market cap of the company is Rs. 402.19 crore.

The promoters holding in the company stood at 49.58%, while Non-Institutions held 50.42% stake in the company.

Mangalam Organics has received an amount of Rs 4.66 crore from New India Assurance Company on October 25, 2018 towards settlement of claim.

Mangalam Organics manufactures and sells chemicals in India.

Peers
Company Name CMP
Godrej Industries 1098.10
SRF 2525.80
BASF India 3520.80
Pidilite Inds. 1530.00
Tata Chemicals 652.10
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