Phillips Carbon Black rises on incorporating WOS company

13 Oct 2020 Evaluate

Phillips Carbon Black is currently trading at Rs. 128.15, up by 1.85 points or 1.46% from its previous closing of Rs. 126.30 on the BSE.

The scrip opened at Rs. 126.50 and has touched a high and low of Rs. 128.20 and Rs. 125.15 respectively. So far 8245 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 147.40 on 22-Jan-2020 and a 52 week low of Rs. 54.20 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 132.00 and Rs. 124.55 respectively. The current market cap of the company is Rs. 2189.55 crore.

The promoters holding in the company stood at 53.56%, while Institutions and Non-Institutions held 13.16% and 33.28% respectively.

Phillips Carbon Black has incorporated wholly owned subsidiary (WOS) company namely ‘PCBL (TN)’. The company has subscribed to 10,000 equity shares of Rs 10 each, of the wholly owned subsidiary, PCBL (TN), for a total consideration of Rs 1,00,000.

Phillips Carbon Black is the largest manufacturer and supplier of carbon black in the country catering to the needs of elastomer, plastic, paints and ink manufacturing industries.

 

PCBL Share Price

268.05 3.55 (1.34%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
PCBL 268.05
Goa Carbon 740.95
Hi-Green Carbon
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.