Bharat Rasayan shines on raising Rs 20 crore via Commercial Paper

19 Feb 2019

Bharat Rasayan is currently trading at Rs. 3724.95, up by 292.40 points or 8.52% from its previous closing of Rs. 3432.55 on the BSE.

The scrip opened at Rs. 3503.25 and has touched a high and low of Rs. 3829.80 and Rs. 3500.05 respectively. So far 330 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 8395.00 on 10-Aug-2018 and a 52 week low of Rs. 3352.10 on 18-Feb-2019.

Last one week high and low of the scrip stood at Rs. 3829.80 and Rs. 3352.10 respectively. The current market cap of the company is Rs. 1600.93 crore.

The promoters holding in the company stood at 74.83%, while Institutions and Non-Institutions held 0.32% and 24.85% respectively.

Bharat Rasayan has raised funds worth Rs 20 crore through issuance of Commercial Paper (CP) value dated on February 18, 2019 having maturity on March 28, 2019. The instrument has been rated ‘A1+’ by CARE rating agency. The company has appointed HDFC Bank as Issuing & Paying Agent for this issuance.

Bharat Rasayan, part of the Bharat Group of companies, is engaged in manufacturing technical grade pesticides, pesticides formulations and intermediates.

Related Bharat Rasayan Ltd. Links:

Bharat Rasayan Share Price

9945.35 -125.05 (-1.24%) Mar 05, 18:59
1 Year Price Chart
Peers
Company Name CMP
UPL 591.80
BASF India 2252.75
Bayer CropScience 5139.95
PI Industries 2260.10
Rallis India 270.75
View more..
Sensex vs Bharat Rasayan
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback