Dhunseri Petrochem is currently trading at Rs. 124.00, up by 0.95 points or 0.77% from its previous closing of Rs. 123.05 on the BSE.
The scrip opened at Rs. 121.00 and has touched a high and low of Rs. 125.00 and Rs. 121.00 respectively. So far 1,023 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 131.10 on 09-Oct-2012 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. 131.10 and Rs. 113.55 respectively. The current market cap of the company is Rs. 434 crore.
The promoters holding in the company stood at 66.29% while Institutions and Non-Institutions held 15.68% and 18.04% respectively.
Dhunseri Petrochem & Tea has inaugurated the second PET plant of the company situated at Haldia on October 09, 2012. The second plant has a capacity of 2,10,000 TPA and together with the first PET plant with capacity of 2,00,000 TPA will take the total PET production capacity of the company to 4,10,000 TPA. With this expansion, the company’s PET production capacity is the largest in India.
The second PET plant has been executed in technical collaboration with Oerlikon Barmag of Germany as EPC contractor and process licensor. The project has been successfully commissioned this month. One half of the company's total PET resin output will go into domestic market in the country and the balance will be exported to earn about Rs 2000 crore of foreign exchange.
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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