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Meghmani Organics trades with traction on the bourses

12 Apr 2019 Evaluate

Meghmani Organics is currently trading at Rs. 64.10, up by 3.20 points or 5.25% from its previous closing of Rs. 60.90 on the BSE.

The scrip opened at Rs. 61.00 and has touched a high and low of Rs. 65.20 and Rs. 60.80 respectively. So far 302839 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 114.40 on 08-May-2018 and a 52 week low of Rs. 42.10 on 06-Feb-2019.

Last one week high and low of the scrip stood at Rs. 65.20 and Rs. 59.55 respectively. The current market cap of the company is Rs. 1636.51 crore.

The promoters holding in the company stood at 50.68%, while Institutions and Non-Institutions held 2.69% and 46.63% respectively.

Meghmani Organics has received Closure Notice from Gujarat Pollution Control Board (GPCB), Gandhinagar to comply with necessary pollution control norms of fire accident. The company has applied for revocation of the closure. The Company is in process of strengthening its environmental safety measures to avoid such mishap. 
The Company has All Risk Insurance Policy (including Loss of Profit Policy) and is fully covered as far as insurance is concerned.

On Mar 26, 2019, fire broke out in one of the Manufacturing Sections at Meghmani Organics’ Agrochemical Manufacturing Division situated at Plot No - Ch-1+2/A, GIDC Dahej, Dahej, Taluka Vagra, District Bharuch, Gujarat, (India).

Meghmani Organics is a leading manufacturer of pigment and pesticide products in the country and is the recipient of several prestigious awards in recognition of its outstanding business performance.

Meghmani Org-Amal Share Price

64.05 0.00 (0.00%)
17-May-2021 18:01 View Price Chart
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