Clariant Chemicals surges on recording sales of Rs 1028 crore in FY19

17 May 2019

Clariant Chemicals (India) is currently trading at Rs. 303.70, up by 8.00 points or 2.71% from its previous closing of Rs. 295.70 on the BSE.

The scrip opened at Rs. 309.00 and has touched a high and low of Rs. 309.00 and Rs. 301.00 respectively. So far 2629 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 538.80 on 03-Sep-2018 and a 52 week low of Rs. 292.25 on 16-May-2019.

Last one week high and low of the scrip stood at Rs. 310.00 and Rs. 292.25 respectively. The current market cap of the company is Rs. 700.99 crore.

The promoters holding in the company stood at 51.00%, while Institutions and Non-Institutions held 8.82% and 40.18% respectively.

Clariant Chemicals (India) has reported sales of Rs 1028 crore in FY19, as against Rs 1008 crore for the corresponding previous year (including excise duty). The company reported sales of Rs 257 crore for the quarter ended March 31, 2019, as against Rs 244 crore on comparable basis for the corresponding quarter of the previous year.

Clariant Chemicals (India) is one of India's leading specialty chemicals companies and is a major player in pigments, textile chemicals and leather chemicals.

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