Bodal Chemicals is currently trading at Rs. 75.00, up by 0.30 points or 0.40% from its previous closing of Rs. 74.70 on the BSE.
The scrip opened at Rs. 75.00 and has touched a high and low of Rs. 76.10 and Rs. 74.50 respectively. So far 10719 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 88.50 on 18-Feb-2020 and a 52 week low of Rs. 34.50 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 78.00 and Rs. 73.65 respectively. The current market cap of the company is Rs. 913.81 crore.
The promoters holding in the company stood at 59.02%, while Institutions and Non-Institutions held 4.28% and 36.69% respectively.
Bodal Chemicals is planning to acquire Mawana Sugars’ Siel Chemical Complex (SCC) in Punjab. SCC is one of the largest players in the chlor-alkali segment in north India with current caustic soda capacity of 82,500 million tonnes per annum (MTPA).
The company will acquire SCC at a total cost of Rs 137 crore on slump sale basis (plus stamp duty of around Rs 6 crore). Total land size is around 124 acres, of which around 60 acres is surplus. The proposed acquisition will help the company in diversification of its existing chemicals product line by adding new products. The acquisition is expected to get completed in the next two months.
Bodal Chemicals is an Integrated and Innovative company, offering end-to-end solution to its customers globally.
| Company Name | CMP |
|---|---|
| Sudarshan Chemicals | 874.00 |
| Bodal Chemicals | 67.59 |
| Shree Pushkar Chem | 347.25 |
| Kiri Industries | 419.00 |
| Ultramar & Pigments | 418.95 |
| View more.. | |
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