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Bhagiradha Chemicals gains on incorporating WOS company

23 Jul 2020 Evaluate
Bhagiradha Chemicals & Industries is currently trading at Rs. 289.00, up by 3.95 points or 1.39% from its previous closing of Rs. 285.05 on the BSE.

The scrip opened at Rs. 289.00 and has touched a high and low of Rs. 289.00 and Rs. 289.00 respectively. 

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 469.80 on 26-Jul-2019 and a 52 week low of Rs. 192.10 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 299.00 and Rs. 275.00 respectively. The current market cap of the company is Rs. 240.15 crore.

The promoters holding in the company stood at 24.90%, while Institutions and Non-Institutions held 2.41% and 72.69% respectively.

Bhagiradha Chemicals & Industries has incorporated Wholly Owned Subsidiary (WOS) Company namely ‘Bheema Fine Chemicals’ on July 22, 2020. Bheema Fine Chemicals has incorporated to carry on the business of manufacturers, producers, refiners, processors, exporters, importers, buyers, sellers, distributors, dealers, commission agents and stockists of all kinds of pesticides of chemicals etc.

Bhagiradha Chemicals & Industries is into the business of manufacturing high quality basic pesticides.

Peers
Company Name CMP
UPL 550.00
PI Industries 2388.40
Bayer CropScience 3715.95
Sharda Cropchem 750.00
Sumitomo Chem. India 446.15
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