Rama Phosphates zooms on starting commercial production of Sulphuric Acid, derivatives at Indore Unit

24 Feb 2021

Rama Phosphates is currently trading at Rs. 137.40, up by 13.15 points or 10.58% from its previous closing of Rs. 124.25 on the BSE.

The scrip opened at Rs. 134.00 and has touched a high and low of Rs. 139.00 and Rs. 134.00 respectively. So far 62731 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 139.00 on 24-Feb-2021 and a 52 week low of Rs. 21.55 on 31-Mar-2020.

Last one week high and low of the scrip stood at Rs. 139.00 and Rs. 106.00 respectively. The current market cap of the company is Rs. 243.55 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.03% and 24.97% respectively.

Rama Phosphates has commenced commercial production of Sulphuric Acid and its derivatives from the new manufacturing facility (Unit-2) at its existing factory premises at Indore with effect from February 23, 2021. With this capacity addition of 55000 TPA from Unit-2, the company's overall annual production capacity of Sulphuric Acid would be 155000 TPA from our Indore manufacturing facility. 

Rama Phosphates is engaged in manufacturing phosphatic fertilizers viz. Single Super Phosphate (SSP) in Powder as well as Granule form, Mixed fertilizers namely NPK of various grades, Fortified fertilizer namely Boronated Single Super Phosphate (Powder and Granule), Micronutrients namely Magnesium Sulphate.

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Rama Phosphates Share Price

125.95 -1.40 (-1.10%) May 07, 18:03
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323