Dhunseri Petrochem is currently trading at Rs. 118.15, up by 1.20 points or 1.03 % from its previous closing of Rs. 116.95 on the BSE.
The scrip opened at Rs. 117.95 and has touched a high and low of Rs. 118.15 and Rs. 114.55 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 129.00 on 13-Oct-2011 and a 52 week low of Rs. 100.00 on 5-Jan-2012.
Last one week high and low of the scrip stood at Rs. 118.15 and Rs. 107.55 respectively. The current market cap of the company is Rs. 413.82 crore.
The promoters holding in the company stood at 66.29% while Institutions and Non-Institutions held 15.68% and 18.04% respectively.
Credit rating agency, CARE has reaffirmed A+ rating to Dhunseri Petrochem & Tea’s long term bank facilities worth Rs 488.15 crore which was enhanced from Rs 459.1 crore. The rating agency has reaffirmed A+/ A1+ rating to the company’s Long term/ short term bank facilities worth Rs 450.0 crore, which was enhanced from Rs 423.44 crore.
The rating agency has also reaffirmed A1+ rating to the company’s short term facilities worth Rs 525.0 crore, which was enhanced from Rs 248.85 crore and short term debt (including CP) worth Rs 100 crore.
The company has received the said rating reaffirmation on the back of its relevant experience of the promoters and the management team and established long track record of the company in both petrochem and tea sectors.
Dhunseri Petrochem & Tea is the flagship company of the Kolkata based Dhunseri group belonging to Dhanuka family. The company is engaged in cultivation, manufacture and sale of tea with 11 tea gardens (all of them located in and around Assam) and manufacturing of PET resins.
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