GOCL Corporation is currently trading at Rs. 207.20, up by 20.85 points or 11.19% from its previous closing of Rs. 186.35 on the BSE.
The scrip opened at Rs. 187.25 and has touched a high and low of Rs. 213.15 and Rs. 187.05 respectively. So far 7762 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 331.00 on 25-Sep-2019 and a 52 week low of Rs. 111.00 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 213.15 and Rs. 179.45 respectively. The current market cap of the company is Rs. 1011.53 crore.
The promoters holding in the company stood at 74.93%, while Institutions and Non-Institutions held 3.70% and 21.37% respectively.
GOCL Corporation’s UK subsidiary -- HGHL Holdings (HGHL) has decided to divest 2,00,000 shares of Quaker Houghton, at a price of $175 per share. The total value of the divestment will be $35 million (around Rs 257 crore at $1 to Rs 73.44) when completed. There will be no tax implication on HGHL under the transaction. The Board of Directors of HGHL has, at its Meeting held on September 18, 2020, has decided for the same.
GOCL Corporation is engaged in manufacturing industrial explosives, mining products, lubricants, speciality oils and chemicals, active pharma ingredients (bulk drugs) and pharma formulations.
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