Transpek Industry shines on getting nod for new project at estimated cost of Rs 120 crore

27 Feb 2020 Evaluate

Transpek Industry is currently trading at Rs. 1736.00, up by 76.60 points or 4.62% from its previous closing of Rs. 1659.40 on the BSE.

The scrip opened at Rs. 1744.90 and has touched a high and low of Rs. 1777.00 and Rs. 1725.00 respectively.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 1881.00 on 11-Feb-2020 and a 52 week low of Rs. 1,076.50 on 13-Aug-2019.

Last one week high and low of the scrip stood at Rs. 1777.00 and Rs. 1562.00 respectively. The current market cap of the company is Rs. 926.87 crore.

The promoters holding in the company stood at 58.86%, while Institutions and Non-Institutions held 5.67% and 35.47% respectively.

Transpek Industry has received an approval for the new project to be undertaken by Transpek Creative Chemistry, the Wholly-Owned Subsidiary of the company, at an estimated cost of Rs 120 crore and part funding of the said project cost by the company by way of equity infusion of Rs 30 crore and a loan of Rs 30 crore. The Board of Directors of the company, at its meeting held on February 26, 2020, has considered and approved the same.

Transpek Industry is one of the leading manufacturers and exporters of a range of chemicals servicing the requirements of customers from a diverse range of industries - textiles, pharmaceuticals, agrochemicals, polymers, etc.

Transpek Industry Share Price

1775.60 -21.90 (-1.22%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
UPL 455.85
BASF India 3345.50
PI Industries 3879.80
Bayer CropScience 5264.35
Sumitomo Chemical India 348.00
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