Jubilant Ingrevia shines on incorporating wholly-owned subsidiary

04 Jun 2021 Evaluate

Jubilant Ingrevia is currently trading at Rs. 546.45, up by 24.25 points or 4.64% from its previous closing of Rs. 522.20 on the BSE.

The scrip opened at Rs. 529.00 and has touched a high and low of Rs. 549.00 and Rs. 526.70 respectively. So far 101495 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 549.00 on 04-Jun-2021 and a 52 week low of Rs. 243.60 on 30-Mar-2021.

Last one week high and low of the scrip stood at Rs. 549.00 and Rs. 460.00 respectively. The current market cap of the company is Rs. 8695.16 crore.

The promoters holding in the company stood at 50.68%, while Institutions and Non-Institutions held 25.59% and 23.73% respectively.

Jubilant Ingrevia has incorporated a wholly-owned subsidiary company, Jubilant Crop Protection on June 2, 2021 to carry on the business of manufacturing of Pesticides/plant protection chemicals.

The listed entity intends to be in business of Pesticides/plant protection chemicals. The company wants to leverage on its capabilities and global leadership position in Pyridine, Picoline and Diketene chemistries that is completely backward integrated and other advance chemistry engagements under progress. With this approach, the company wishes to capture the complete value chain in the field of pesticides/ plant protection chemicals.

Jubilant Ingrevia, a global integrated Life Science products and Innovative Solutions provider serving, Pharmaceutical, Nutrition, Agrochemical, Consumer and Industrial customers with its customised products and solutions that are innovative, cost-effective and conforming to excellent quality standards.

Jubilant Ingrevia Share Price

498.55 -7.55 (-1.49%)
28-May-2024 15:47 View Price Chart
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