SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Meghmani Organics surges as its arm commences commercial production of Dahej Caustic Soda plant

30 Jun 2020 Evaluate

Meghmani Organics is currently trading at Rs. 51.25, up by 0.35 points or 0.69% from its previous closing of Rs. 50.90 on the BSE.

The scrip opened at Rs. 51.00 and has touched a high and low of Rs. 52.25 and Rs. 50.35 respectively. So far 75238 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 67.30 on 27-Jan-2020 and a 52 week low of Rs. 31.80 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 56.75 and Rs. 50.35 respectively. The current market cap of the company is Rs. 1302.09 crore.

The promoters holding in the company stood at 51.28%, while Institutions and Non-Institutions held 2.13% and 46.59% respectively.

Meghmani Organics’ (MOL) material subsidiary -- Meghmani Finechem (MFL) has commenced commercial production of additional Caustic Soda plant of 128000 TPA along with Captive power plant of 36 MW in existing Chlor-alkali and derivative complex at Dahej, Bharnch. MFL has started commercial production from June 20, 2020. The Caustic soda expansion has been set up at the cost of Rs 300 crore and captive power plant at Rs 150 crore.

MFL has applied highest safety standards and will continue to implement a comprehensive smart manufacturing concept at is Chlor-alkali and derivative complex.

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
Peers
Company Name CMP
UPL 644.80
PI Industries 2952.55
Bayer CropScience 4794.65
Sharda Cropchem 1057.70
Sumitomo Chemical 418.10
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×