Manali Petrochemicals is currently trading at Rs. 30.00, up by 0.35 points or 1.18% from its previous closing of Rs. 29.65 on the BSE.
The scrip opened at Rs. 29.95 and has touched a high and low of Rs. 30.45 and Rs. 29.70 respectively. So far 36883 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. 28.25 on 14-Jan-2019.
Last one week high and low of the scrip stood at Rs. 30.50 and Rs. 28.25 respectively. The current market cap of the company is Rs. 515.14 crore.
The promoters holding in the company stood at 44.82%, while Institutions and Non-Institutions held 2.05% and 53.13% respectively.
Manali Petrochemicals has restarted operations at its Plant 1 on January 16, 2019. Earlier, the company had received a notice from the Central Pollution Control Board (CPCB) under Section 5 of the Environment Protection Act, 1985 seeking to stop operations of Plant 1 citing certain shortcomings.
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.
