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Chembond Chemicals jumps after it arm gets foreign business license

15 Jul 2021 Evaluate

Chembond Chemicals is currently trading at Rs. 253.00, up by 23.80 points or 10.38% from its previous closing of Rs. 229.20 on the BSE.

The scrip opened at Rs. 230.45 and has touched a high and low of Rs. 257.50 and Rs. 228.35 respectively. So far 49477 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 241.00 on 10-May-2021 and a 52 week low of Rs. 135.10 on 16-Oct-2020.

Last one week high and low of the scrip stood at Rs. 234.60 and Rs. 211.80 respectively. The current market cap of the company is Rs. 332.17 crore.

The promoters holding in the company stood at 65.88%, while Institutions and Non-Institutions held 0.35% and 33.76% respectively.

Chembond Chemicals’ step-down Subsidiary -- Chembond Water Technologies (Thailand) Company has received a foreign business license enabling it to commence business operations in Thailand.

Chembond Chemicals, incorporated in 1975, is engaged in specialty chemicals business and offers a range of products for industrial applications.

Peers
Company Name CMP
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