Chembond Chemicals is currently trading at Rs. 155.00, up by 2.30 points or 1.51% from its previous closing of Rs. 152.70 on the BSE.
The scrip opened at Rs. 156.50 and has touched a high and low of Rs. 156.50 and Rs. 155.00 respectively. So far 182 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 249.75 on 30-Sep-2019 and a 52 week low of Rs. 117.05 on 08-Apr-2020.
Last one week high and low of the scrip stood at Rs. 157.60 and Rs. 150.90 respectively. The current market cap of the company is Rs. 208.45 crore.
The promoters holding in the company stood at 65.35%, while Institutions and Non-Institutions held 0.35% and 34.30% respectively.
Chembond Chemicals’ wholly owned subsidiary --Chembond Water Technologies has been recognized by independent global research agency Frost & Sullivan as the ‘2020 Indian Water Chemicals Company of the Year’.
The citation goes on to state, to receive the company of the Year Award requires a company to demonstrate excellence in growth, innovation, and leadership. This excellence typically translates into superior performance in three key areas--demand generation, brand development, and competitive positioning that serve as the foundation of a company’s future success and prepare it to deliver on the 2 factors that define the Company of the Year Award: Visionary Innovation and Performance, and Customer Impact.
Chembond Chemicals, incorporated in 1975, is engaged in specialty chemicals business and offers a range of products for industrial applications.