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Bodal Chemicals shines on completing expansion of plants

20 Mar 2019

Bodal Chemicals is currently trading at Rs. 117.80, up by 1.65 points or 1.42% from its previous closing of Rs. 116.15 on the BSE.

The scrip opened at Rs. 119.70 and has touched a high and low of Rs. 120.35 and Rs. 117.35 respectively. So far 10618 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 156.25 on 31-May-2018 and a 52 week low of Rs. 89.70 on 18-Feb-2019.

Last one week high and low of the scrip stood at Rs. 121.80 and Rs. 114.80 respectively. The current market cap of the company is Rs. 1439.38 crore.

The promoters holding in the company stood at 57.43%, while Institutions and Non-Institutions held 12.68% and 29.88% respectively.

Bodal Chemicals has expanded manufacturing facilities by 6,000 Metric Tons Per Annum (MTPA) of Dyestuff plants. After expansion, the total capacity of Dyestuff plants of the company stands at 35,000 MTPA, excluding Liquid Dyestuff. In addition the company has completed facility for production of Thionyl Chloride (TC) Plant for 36000 MTPA. Moreover, the company has started production at unit VII of the company situated at Vadodara, in state of Gujarat.

Bodal Chemicals is an Integrated and Innovative company, offering end-to-end solution to its customers globally. The company is among world’s largest manufacturer and exporter of Dyes Intermediate, Dyestuff and Sulphuric Acid, with vertically and horizontally integrated who provides product solutions and service solution on fastest possible route to their customers.

Related Bodal Chemicals Ltd. Links:

Bodal Chemicals Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323