India Glycols is currently trading at Rs. 282.35, up by 0.65 points or 0.23% from its previous closing of Rs. 281.70 on the BSE.
The scrip opened at Rs. 281.50 and has touched a high and low of Rs. 282.50 and Rs. 280.15 respectively. So far 1698 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 396.80 on 24-Feb-2020 and a 52 week low of Rs. 176.15 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 299.00 and Rs. 278.30 respectively. The current market cap of the company is Rs. 869.71 crore.
The promoters holding in the company stood at 61.01%, while Institutions and Non-Institutions held 2.35% and 36.64% respectively.
India Glycols has incorporated a wholly-owned subsidiary (WOS) namely IGL Green Chemicals (IGCPL). As per the certificate of incorporation dated September 6, 2020 issued by the Registrar of Companies, Ministry of Corporate Affairs, the date of incorporation of wholly-owned subsidiary is August 26, 2020. It is contemplated that IGCPL shall manufacture Ethanol based Ethylene Oxide derivatives.
India Glycols manufactures Industrial Chemicals such as green technology based bulk, specialty and performance chemicals and natural gums and industrial gases; Ethyl Alcohol (Potable) and nutraceuticals.
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