Atul gains on investing Rs 10 crore by acquiring stake in Atul Bioscience

09 Jan 2019

Atul is currently trading at Rs. 3452.45, up by 14.25 points or 0.41% from its previous closing of Rs. 3438.20 on the BSE.

The scrip opened at Rs. 3421.40 and has touched a high and low of Rs. 3471.30 and Rs. 3421.40 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3618.00 on 27-Nov-2018 and a 52 week low of Rs. 2500.00 on 06-Feb-2018.

Last one week high and low of the scrip stood at Rs. 3487.70 and Rs. 3380.05 respectively. The current market cap of the company is Rs. 10233.30 crore.

The promoters holding in the company stood at 44.67%, while Institutions and Non-Institutions held 28.89% and 26.44% respectively.

Atul has invested Rs 10 crore by acquiring 45,45,455 additional equity shares of Atul Bioscience (ABL), a wholly-owned subsidiary of the company. The object of investment in ABL is to meet funding requirements for its various capital expenditure programs.

Atul operates through six business divisions, namely, Agrochemicals, Aromatics, Bulk Chemicals & Intermediates, Colors, Pharmaceuticals & Intermediates and Polymers.

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Atul Share Price

6552.35 -54.20 (-0.82%) Feb 26, 18:55
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SEBI Registered: Investment Adviser - INA000013323

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