IOL Chemicals & Pharmaceuticals soars on prepaying term loan of Rs 9.52 crore

21 Aug 2019

IOL Chemicals & Pharmaceuticals is currently trading at Rs. 186.85, up by 3.40 points or 1.85% from its previous closing of Rs. 184.10 on the BSE.

The scrip opened at Rs. 188.00 and has touched a high and low of Rs. 191.15 and Rs. 186.50 respectively. So far 31580 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 234.90 on 30-May-2019 and a 52 week low of Rs. 108.00 on 09-Oct-2018.

Last one week high and low of the scrip stood at Rs. 192.00 and Rs. 183.60 respectively. The current market cap of the company is Rs. 1067.49 crore.

The promoters holding in the company stood at 41.89%, while Institutions and Non-Institutions held 2.03% and 56.07% respectively.

IOL Chemicals & Pharmaceuticals has made the pre-payment of term loan of Rs 9.52 crore due to banks in addition to scheduled repayment. The company has made the pre-payment of term loan of aggregate of Rs 107.70 crore till date (i.e. Rs 87.65 crore during the current FY and Rs 20.05 crore in Previous FY) to reduce the Term Debt, which remains at Rs 123.45 crore as on date.

IOL Chemicals & Pharmaceuticals is a leading organic chemicals manufacturer and supplier in India.

Related IOL Chemicals & Pharmaceuticals Ltd. Links:

IOL Chem & Pharma Share Price

165.60 -2.80 (-1.66%) Dec 09, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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