20 Microns shines on planning to form JV with Dorfner Holding GmbH

18 Dec 2020

20 Microns is currently trading at Rs. 38.50, up by 2.15 points or 5.91% from its previous closing of Rs. 36.35 on the BSE.

The scrip opened at Rs. 36.75 and has touched a high and low of Rs. 39.00 and Rs. 35.20 respectively. So far 10591 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 39.15 on 23-Jun-2020 and a 52 week low of Rs. 19.20 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 39.00 and Rs. 35.00 respectively. The current market cap of the company is Rs. 133.91 crore.

The promoters holding in the company stood at 44.83% and Non-Institutions held 55.17%.

20 Microns is planning to form Joint Venture (JV) with Dorfner Holding GmbH & Co. KG, a Germany based company. The meeting of the Board of Directors of the company will be held on December 23, 2020, to consider and approve the same.

20 Microns is the pioneers in the field of Industrial Minerals in India and bringing the organized concept of Micronization and tapping various different Industrial Micronized and Sub-Micronized Minerals under its portfolio.

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